Just Mukuyu alone it’s 35-55TCF based off current drilling projections and that does not include the rest of the basin. So PAC calculates it conservatively as:
250 million dollar market cap per 1 TCF risked
- 35 TCF resource it’s 8.75 billion market cap ($7.50 AUD share price target)
- 55TCF resource it’s 13.75 billion market cap ($12 AUD share price)
So the $2.40 AUD share price target I have is very conservative and is going well north of that on Mukuyu alone. That’s not pricing in the remainder of the basin.
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Mkt cap ! $106.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18735 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 21764 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 717584 | 0.069 |
8 | 649705 | 0.068 |
7 | 944984 | 0.067 |
4 | 554117 | 0.066 |
10 | 922560 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 234476 | 2 |
0.073 | 151490 | 3 |
0.074 | 724171 | 4 |
0.075 | 1043787 | 3 |
0.076 | 1187581 | 4 |
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