Just some tree shakers whating some cheap nuts
Bounty's message is consistent see below =
"With commercial success from a drill test then BUY anticipates material
increase in its Enterprise Value
? Size of the prize: Possible total 2.5 TCF at MGW and 13 TCF in Permit
? Crude Value Equation: 2.5 TCF @ MGW = 445 mmboe?s
? BUY shareholders have direct entry to play"
It was always intended to be a drill test
Once presence of gas is logged, the seismic will give them enough info for recoverable size esitimates
Then we start the process of development and production , which could take years
A solid discovery will improve SP
not looking positive.., page-19
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Mkt cap ! $7.493M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.192K | 238.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 582498 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.6¢ | 6015582 | 11 |
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| Last trade - 15.16pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 45820 | ||
| Last updated 14.30pm 14/06/2024 ? | |||||
| BUY (ASX) Chart |