Smart, we know we are targeting 1 billion barrels with 300 mill recoverable. For the moment, let's forget about this 4 bill barrels noise, because that's all it is for now until proven otherwise.
20% of 300mill is 60mill net to RMP. At a reasonable $4-$5 per barrel that would still value RMP at over $1 per share. If you add to this Georgia and Shabell North which both will be worked on this year then this could easily go to $2-$4 or more.
Given the above, once again, how can you say the share price is over valued? Yes, if we hit a duster in S1 and more granite in Georgia I totally agree, but until we know the results stop spinning all this valuation crap. Let's not forget that S1 already has a proven working petroleum system before we even reached the primary and secondary targets.
- Forums
- ASX - By Stock
- FME
- could this fall even on a discovery?
FME
future metals nl
Add to My Watchlist
5.56%
!
1.7¢

could this fall even on a discovery?, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $16.29M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.7¢ | $18.25K | 1.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 41175 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 377246 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 41175 | 0.017 |
8 | 788314 | 0.016 |
2 | 1030000 | 0.015 |
8 | 1628682 | 0.014 |
3 | 976923 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 377246 | 4 |
0.020 | 440000 | 1 |
0.021 | 16368 | 1 |
0.023 | 772322 | 1 |
0.024 | 1219335 | 4 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
Featured News
FME (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online