Doing the math for the oil side of the business, if they do 1000 bpd at USD 80 or AUD 122.5 thats:
1000bpd x $122.5 AUD x 365 days = $44.7m AUD
Great cash flow to fund a lot more exploration and more oil production to 3000 bpd. Great upside even just on the oil alone.
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-389
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $56.79M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.5¢ | 9.9¢ | $121.8K | 1.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59145 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 945806 | 14 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ADX (ASX) Chart |