The valuation of $1.00 per share on success at Mc Gall # 1 is good, and backed up by Petsec's valuation of their proven reserves in their interview with John Campbell. ($5m/ BCF in the ground).
The market must then take a serious look at success at Rayburn (500 BCF) and factor in some blue sky for this prospect over and above Mc Gall.
Should trade well over $1.00 when MC Gall comes in.
Could be news later this week.
I Love these Wilcox Sands.
did you punch the craap out of the calculator, page-2
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $487.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.708M | 10.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 929388 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1165570 | 9 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |