Drilling 2 wells would demand a budget of say $150 millionUSD and the 3D seismic over that area might be $50million(??? I'm guessing so happy to be corrected)USD.
Our market cap is $35million AUD.
If PCL can sign up a deal for what they want .... then our share price will be a long way under valued atm IMHO.
Capital Raise, page-43
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $35.61K | 2.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 8102178 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2723420 | 6 |
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