Who knows?
We are making circa $80k US gross a day at present at 46% ownership. When Rangers comes online end of March will likely be more oil at a higher ownership 86%.
This works out at ~ $56k AUD per day currently. $56000 divided by 5B SOI fully diluted. Annualised is around 0.4c per share. So I think is worth 10x that, so 4c. That is extremely simplified ignoring royalties, opex but also the other wells so maybe balances out a bit. Looking forward then with Rangers I think more like 12c. But obviously share price could be anything. If you can confirm oil prices and exchange rate for end of year I'll firm up my prediction.
Banter and General Comments .. BRK, page-1850
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