cmon guys, oil up 3%, dow up 2%, and NDO creeps up .5c. Ooooh, must be something happening...
Maybe take a bex, and have a lie down.
The share will move - especially with (hopefully) some major sellers removed from the equation.
Once again we find ourselves in the position where a (kind of) producing oilfield is not priced in - the SP seems to be based on TIndalo producing 5000bbl/day (breakeven)
You will get your bounce as soon as the field is producing, and going to produce continuously, at least 8000bbl upwards.
Every 1000bbl/day equals 1000*.42*.$75/bbl= $30000USD/day. Which is nigh on 3million a quarter at 100% producion (see thread re storm in phillipines)
Bring it on!! (not the storm, the production!)
cmon guys, oil up 3%, dow up 2%, and NDO creeps up .5c. Ooooh,...
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Last
86.0¢ |
Change
-0.010(1.15%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 89.0¢ | 83.0¢ | $129.0K | 148.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 85062 | 1 |
View Market Depth
| Last trade - 15.59pm 07/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |