only time will tell hey bendigo.
we can only dream, but if they made the full length on the laterals of the 2 champions wells, what the sp could be.
it is worth noting that most of the nearby wells were successfully completed. also AKG and (hence BUR's inclusion) were only made as Marathon had difficulty with their drilling (not sure which wells tho)
so with the 1st three wells having:
well 1) a very quick drop off
well 2) a shorter lateral (and whilst good flow, still poor relatively to those around it, and higher drilling costs)
well 3) a shorter lateral (very good flow with a greater NRI for BUR with smaller drilling costs, but again not half as good as those nearby)
I fully expected the good Jet3 results would be the catalyst for a good re-rating back to mid 20's.
Maybe a surprise may cause a re-rating with Marlin, and even an increasing us natural gas price.
- Forums
- ASX - By Stock
- BUR
- strange stock
strange stock, page-10
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUR (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.54M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 180922 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 180922 | 0.130 |
2 | 262637 | 0.125 |
3 | 116147 | 0.120 |
1 | 45454 | 0.110 |
2 | 65000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 100000 | 1 |
0.160 | 250000 | 2 |
0.165 | 18000 | 1 |
0.170 | 197928 | 1 |
0.180 | 550000 | 2 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
BUR (ASX) Chart |
Day chart unavailable