If MAY achieved an NPV of US$25/bbl of oil in the ground (as per the report), then with 36 million barrels of prospective resource in the upper sheet (as per Alameda-1), expanded to 221 million barrels (increase in net pay by 6.15 times as per Alameda-2) and further times that by 1.5 for increase in recovery factor (increase recovery factor to 7.5% from 5%), would yield an NPV of US$8,287 million, or AUD $3.29 per share, just for the upper sheet!
If MAY achieved an NPV of US$25/bbl of oil in the ground (as per...
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Last
5.0¢ |
Change
-0.005(9.09%) |
Mkt cap ! $168.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 4.3¢ | $1.018M | 20.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49793 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 20349 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
-0.005 ( 7.27 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 4.3¢ | 9945213 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| MAY (ASX) Chart |