So comparing peer to peer:
1. STX - 42 million barrels 700 million market cap (higher market cap than WGO because of further larger resource potentials)
2. WGO - 32 million barrels 350 million market
MAY about to appraise a conservative 388 million barrels of oil in next 4 weeks at a 90 percent geological success rate (320 million market cap and 40 million cash). Significantly undervalued
Fair value is a 500-600 million market cap 15-20 cents a stock and that’s right now. On appraisal you have north of 50 cents and that process starts in 4 weeks time. Running
General discussion, page-571
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $23.54K | 1.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1839170 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 237903 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |