Your probably right about the current valuation now being around .045c, however if we get good flow rates and net revenue is good, I can see 5c plus. Later next year when seismics are done and further prospects are found, 10c IMO is very possible.
Bridgeport has vast interests in the Cooper/Eromonga basin with interest ranging from 2-100%, an additional 25% takeover of MEL for the Vali/Odin gas project would be a perfect fit for Bridgeport, would defiantly not rule out a takeover from them, particularly considering they would be getting a bigger cashflow straight away from it. While the takeovers of NWE and WGO will have to wait years for any cashflow from their targets. Below is a map of their acreage in the Cooper/Eromonga basin:
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Ann: Vali Project Commissioning Update, page-21
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0.5¢ |
Change
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Mkt cap ! $7.237M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 11708141 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2094532 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 11708141 | 0.004 |
7 | 14261686 | 0.003 |
5 | 16775010 | 0.002 |
3 | 46300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2094532 | 3 |
0.006 | 5827540 | 10 |
0.007 | 2663797 | 4 |
0.008 | 1035051 | 2 |
0.009 | 80000 | 1 |
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