There's also Nodosaria drilling at South Gross Tete that's estimated to happen in this current quarter.
It has an estimated 26c per FAR Share Undiluted (speculative) value if successful. (Note: this estimate was from a 2005 FAR presentation, so now in 2007 there'd be some added dilution)
If it's a winner then the share price could double or triple going by that estimate.
Are there any other more recent valuations out there for Nodosaria?
Going by the table in that presentation, Nodosaria looks to be the 2nd biggest target for the South Gross Tete project.
High risk of course.
If it's a dud, the short term and some mid-term investors could knock down the share price, but how badly would depend on news from other projects and how much speculative optimism Senegal seismic could add to the share price.
Speculation, cause it's a speculative stock.
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Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 1960 | 51.5¢ |
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Price($) | Vol. | No. |
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52.0¢ | 103276 | 2 |
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1 | 2495 | 0.495 |
1 | 47000 | 0.485 |
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1 | 3000 | 0.445 |
Price($) | Vol. | No. |
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0.520 | 103276 | 2 |
0.525 | 19005 | 2 |
0.530 | 101005 | 2 |
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0.555 | 10000 | 1 |
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