It is based on the estimated resource when announced. It might take a number of drills to extract the estimated resource (or it might not). Lets wait and see the report first. If there is the potential of 10tcf then I couldn't careless if they drop another half a dozen drills to recover it. The share price will factor in the total recoverable even before they drill a second well. Only failures will see a subsequent price decline imo.
HUGE UPSIDE IN 2021 & BEYOND, page-92
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Last
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Mkt cap ! $5.787M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $5.455K | 317.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 411190 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.8¢ | 300000 | 1 |
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| Last trade - 15.37pm 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 100800 | ||
| Last updated 11.18am 10/05/2024 ? | |||||
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