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
bpt worth $3/share minimum imo
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Last
$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 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |