Dangar,
I understand $10-$15 to be the value of oil "in the ground".
e.g. If you have an asset of 1mill bbl in ground, then you could expect $10-15 million to be reflected in the market cap.
The difference between the quoted oil price (eg West Texas crude)and the $10-15 is taken up by production costs, royalties, amortisation of exploration costs, etc ......
but then I'm no expert in the area.
Dangar,I understand $10-$15 to be the value of oil "in the...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 52.0¢ | $1.562K | 3.004K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17440 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
View Market Depth
| Last trade - 15.41pm 09/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |