MAY
Full summary on the thread.
https://hotcopper.com.au/threads/biggest-o-g-prospect-on-asx-to-be-drilled.5909381/?post_id=51053906
'Biggest O&G prospect to be drilled on the ASX'
CORPORATE SNAPSHOT
Market Cap - A$39m
Cash - A$6.8m
Shares - ASX.BYE 4,001,175
ASX.MEL 109,952,547 (20% holder)
- A$3.1m value
Total Cash and Shares - A$9.9m
SUMMARY
- Beehive 1.6bn barrel potential;
- Cuba Block 9 PSC 235m barrel potential;
- Cuba Santa Cruz 100m barrel potential;
- Tassie Methanol and LNG Expansion potential to 4Mta
That is over 2Bn barrel of oil potential equivalent across their various leases.
No price targets on this one. Who knows what can happen drilling in "elephant country".
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MAYFull summary on the...
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