I find it hard to understand why we had almost no movement today, the market is a strange place. Perhaps we need to wait until the oil starts to flow, but this is truly good news.
The likely outcome, even if exactly to pre-drill expectations is that NDO will have production of somewhere circa 2700 BOPD, or $ 290,000 USD per day, close to 25 million every quarter, with very little added production cost. Even if running cost etc was 80% of production we would still have positive cash flow of some $ 20 mill a year, a pe/ratio of 10, puts MV at $ 200 mill or 9c a share.
IMHO
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I find it hard to understand why we had almost no movement...
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.7M |
Open | High | Low | Value | Volume |
88.0¢ | 88.5¢ | 85.5¢ | $79.32K | 90.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4970 | 85.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 6 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4970 | 0.855 |
2 | 45839 | 0.830 |
1 | 12269 | 0.815 |
2 | 2588 | 0.800 |
1 | 5000 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.890 | 6 | 1 |
0.970 | 19999 | 2 |
1.010 | 989 | 1 |
1.050 | 100000 | 1 |
1.090 | 50000 | 1 |
Last trade - 15.40pm 26/08/2024 (20 minute delay) ? |
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