Well, here is an estimate based on the latest data.
If we use the 2024 price of $9.4 USD per MMBtu as per the ADX presentation slide, we can arrive at the following figures:
807BCF (best technical estimate) = 838,473,000 MMBtu
838,473,000 MMBtu x $9.4 USD = $7,881,646,200 billion USD.
Currency conversion: $7,881,646,200 x 1.50 (USD to AUD conversion) = $11,822,469,300 billion AUD.
Deduct 25% for partner MCF Energy = $2,955,617,325
Remaining to ADX: $8.86 billion AUD
At $57m market cap, its nice exposure to have.
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-30
Add ADX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.5¢ |
Change
-0.002(2.30%) |
Mkt cap ! $48.27M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.7¢ | 8.5¢ | $8.153K | 95.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 356499 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 172798 | 2 |
View Market Depth
| Last trade - 15.54pm 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.5¢ |
Change
-0.002 ( 2.30 %) |
||||
| Open | High | Low | Volume | ||
| 8.5¢ | 8.5¢ | 8.5¢ | 60000 | ||
| Last updated 14.54pm 30/05/2024 ? | |||||
| ADX (ASX) Chart |