Possibly, but we have a market cap of about $70mil and $20mil in notes. So an EV of about $90mil.
We sell about $2mil of oil but it costs us about $1.9mil to produce. That is before corporate overheads like director salaries and rent. Then exploration on top of that. That leads to an overall loss every year that is continuously funded by Waterford dilution.
They should at least invite all of us to participate in a rights issue to minimise the dilutionary effect.
How do you value JPR on domestic sales? Surely not purely an in gorund valuation considering we sell it just above breakeven?
When we start selling for $100/bbl then JPR will rocket. Until then sp will be depressed by dilution and sentiment.
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.14M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 200000 | 1 |
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| Last trade - 16.21pm 22/07/2025 (20 minute delay) ? |
| JPR (ASX) Chart |
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