From memory MAY management forecasted cost of AUD 27 per Barrel for this exploration. With current Crude Oil price of ~ USD 64/Barrel, they will be easily making USD 3+ million profit {=600 x [(64x1.30) – (27)] x 0.30 x 365} in a year for their share of 30% for Total 600 Barrels/Day.
From memory MAY management forecasted cost of AUD 27 per Barrel...
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $181.9M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $284.2K | 5.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 375663 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 209090 | 2 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.000 ( 2.53 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.5¢ | 5.3¢ | 2178512 | ||
| Last updated 15.34pm 30/05/2024 ? | |||||
| MAY (ASX) Chart |