IMO - Around $1.40 without a commercial strike in Hector/Hector South & no problems with Pike River.
With a commercial strike at Hector????
AWE seem bullish on the Hector & Hector South permits, & have stated in there presentations the potential of up to 1.4 billion barrels recoverable!
The fact is NZO belive there may be something in the region of 50 - 60mmbo, which is still twice the Tui field!
I'm assuming there is no oil at Hector & any commercial find is a bonus & should be viewed as such.
NZO have $1.50 options expiring in June 08, so i'd like to see the SP well above that level...
IMO - Around $1.40 without a commercial strike in Hector/Hector...
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $82.86M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $24.82K | 66.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6021 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 39486 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| NZO (ASX) Chart |