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.
The valuation of $1.00 per share on success at Mc Gall # 1 is...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.3¢ | $1.508M | 7.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1400246 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 236534 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |