I think once production is complete and we have flow rates established we will test 7.2c giving us a $110m market cap all things going to plan. With news on Biv Peak and possible new acreage, Alaska partner funding i think 7.2c will be our new floor once a the few remaining SM71 production doubts are known by the market.
Of course i would like to see OEL match our SM71 partner BYE's current MC of $202m giving us a share price of 13c, not impossible imo.
I think once production is complete and we have flow rates...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.762K | 480.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6210087 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2495898 | 7 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |