Should be trading at 15-20 cents fair price right now. That’s fair value with discovery already made and 90 percent commercial success rate for largest appraisal of oil in more than a decade with additional 2.2 billion barrels of oil remaining to appraise at Alameda. Upside is higher than 70 cents if appraisal is larger than the 126 million barrels of oil which are conservative oil reserve for the wells
General discussion, page-146
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Last
2.2¢ |
Change
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Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| MAY (ASX) Chart |