London listed Spitfire Oil is a stock to keep on the radar for making some comparisons with Blackham.
Spitfire Oil has a JORC standard inferred lignite resource of over 500 million tonnes with an estimated extractable oil inventory of over 200 million barrels of liquid fuels. Currently company is progressing the feasibility study on the coal to liquids project on the Salmon Gums lignite deposit in Western Australia. Check their www site.
Spitfire Oil current stock price is .46p and market capitalization 19.57million pounds. 52 week high of 97.50p and low of 36.0p.
Blackham has a JORC lignite resource of 668 million tonnes has a market cap approx $12M which is subject to a 70%(Blackham)/30% JV with Wesfarmers. Current stock price is .42
What does this tell us about the current stock price of BLK?
London listed Spitfire Oil is a stock to keep on the radar for...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)