Without any fanfare, the Reserves and Resource Statement has been updated as at 31Dec2024.
Now that all is said and done on Who Dat, it must have cost Shareholders ~A1b ... or 2 years of Bauna cashflow.
Admittedly, the price of Oil at 1Oct23 was expected to rise to over $100 ... but here we are with WTI at ~US$67.50.
Acquisition price of US$720m plus CapEx of US$145m plus finance charges of US$40m plus Notes Interest of US$35m (x5). Cashflow of earnings after interest and tax gives US$100m x 12 years and based on a P/E of 3 gives a Capital Value of ~ US$400m. 1080 less 400 gives a loss of US$680m or given an exchange rate of 63c, A$1.08b.
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Last
$1.64 |
Change
0.010(0.62%) |
Mkt cap ! $1.196B | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.65 | $1.60 | $7.949M | 4.876M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 8624 | 2 |
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| Last trade - 16.10pm 09/09/2025 (20 minute delay) ? |
| KAR (ASX) Chart |