My calcs; The current enterprise value of MAY, taking into account number of shares on issue and a guestimate of cash at bank works out to $1.79 per barrel of MAY's net "prospective resource" discovered in the A-1 well. Doesn't account for anything discovered at Zapato or rest of Block 9, or any other interest.
Hopefully with some testing to come we can work out how much it will cost to get it out of the ground and sell it to market, and ultimately accurately work out how much oil is recoverable from these multi-billion barrel fields we've discovered
May Chart, page-2216
-
- There are more pages in this discussion • 10,678 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $66.34K | 2.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 184795 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2402111 | 13 |
View Market Depth
| Last trade - 14.38pm 26/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |