LGO longreach oil limited
Add to My Watchlist 0.00% ! 0.8¢

Austex which has an 80% interest in Oklahoma oilfields have...

  1. Mudskipper
    338 Posts.
    lightbulb Created with Sketch. 17
    clock Created with Sketch.
    25/01/07
    10:45
    Post #: 2139207
    Austex which has an 80% interest in Oklahoma oilfields have proven 6 million barrels of oil. Lgo own 20% of austex.
    6mill x 0.8 = 4.8mill barrels
    4.8mill x 0.2 = 960,000
    960,000 x $50 = $$$$48mill
    lgo market cap under $10 mill
    $48 mill is lgo share

    I'm in at 3c thankyou very much.
    LGO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Boss Energy slumps as top dog Duncan Craib makes surprise exit
right-arrow Created with Sketch.
NEWS Peregrine Gold discovers high grade channel iron deposit at Newman gold project, WA
right-arrow Created with Sketch.
NEWS Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand
right-arrow Created with Sketch.
NEWS What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA
right-arrow Created with Sketch.
NEWS As Albo spruiks hydrogen in China, FMG is exiting the game
right-arrow Created with Sketch.
NEWS Tech nanocap iSynergy pops +75% on MOU to build AI centre in Malaysia
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.