Really helpful analysis! Congratulations.
All this hinges on 31mbo, but I'd like to explore what will actually make a development economic. If an attic accumulation exists, how much is needed to justify development? (Anything less than this volume is an economic FAIL).
Might I suggest that once you are happy with a 'base case' 31 mbo, that you re-run for a high case (say 40 mbo) and a low case (maybe 24 mbo) to test how robust to uncertainty the field might be, and therefore how risk attractive it might be to a Farminee?
mutineer
Really helpful analysis! Congratulations.All this hinges on...
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19.5¢ |
Change
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Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $440.3K | 2.203M |
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| No. | Vol. | Price($) |
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| 12 | 773249 | 19.5¢ |
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| 20.0¢ | 446632 | 6 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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| Last updated 15.46pm 07/06/2024 ? | |||||
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