Bignote
Figures I used are gas $1/1000 in ground (premium price area)
Condensate $10 barrel in ground.
Lambouka 309 bcf Field value 309 mill risk disount 80 or one in five of total success.Gives =61 mill field value .
Deduct 20 mill for well and 20 mill infrastructure gives field value of 21 mill*30%=6.3 mill
Dougga 50mm oil =$500mm 234 gas =234mill total 734 mill
Risk factor 90% =Value of 73 mill.
Drilling 45 mill.Establishment pigback sLambouka or vice versa so net value is 28 mill and we have 60% for 16.8 mill
Romania we sold 50% of 1 block ( out of 9)for 4.5 mill.
Our 50% therefore also 4.5
Remaining 8 blocks Parta and remaining Chlorbane I gave zero value.This is very coservative and you could add up another 4.5 here for the other 8 blocks.
Riedel MC =8.9 mill our share 37% =3mill
Total value is 30.6 mill or 6.5 c share.
Between Riedel and Parta which are figures established by the market the value is 7.5 mill or 1.7 c share and that is valuing only one of the 9 Parta blocks.
Would be interesting to know how much the work done by Shell in Dougga and Lambouka would cost today
- Forums
- ASX - By Stock
- misleading and deceptive conduct
BignoteFigures I used are gas $1/1000 in ground (premium price...
Featured News
Add ADX (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $56.13M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.8¢ | $53.56K | 539.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 3485 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.097 |
2 | 45000 | 0.095 |
1 | 70000 | 0.094 |
1 | 7500 | 0.093 |
1 | 5555 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 3485 | 1 |
0.105 | 261704 | 3 |
0.110 | 360099 | 6 |
0.115 | 98878 | 2 |
0.120 | 172165 | 2 |
Last trade - 15.56pm 14/11/2024 (20 minute delay) ? |
Featured News
ADX (ASX) Chart |