If 60Tcf of gas is indeed recoverable, this share is worth as a minimum $3/share, repeat minimum. And that is at just 5 cents per GJ in the ground.
At 10c per GJ in the ground, it is worth at least $6.
IMO that is just too much gas for the majors to leave at the current valuation. I expect a major farm-in or T/O within the next 3-6 months.
Regards,
OK
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$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $3.547B |
Open | High | Low | Value | Volume |
$1.55 | $1.57 | $1.54 | $6.996M | 4.488M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 50705 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 136978 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9027 | 1.555 |
2 | 29027 | 1.550 |
5 | 82630 | 1.545 |
3 | 49329 | 1.540 |
2 | 14027 | 1.535 |
Price($) | Vol. | No. |
---|---|---|
1.560 | 55988 | 2 |
1.565 | 9027 | 1 |
1.570 | 9274 | 2 |
1.575 | 52477 | 4 |
1.580 | 76534 | 6 |
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