ME latest report has:
12-month price target: A$0.75
NAV : A$1.05/sh
They have incorporated the existing production and the proposed phase 1 redevelopment of the D35/D21/J4 mature oil fields into their financial forecasts but have only included the Phase 2 EOR project in the NAV at a risked 10% for a A$0.03 contribution. For Phase 2 they assume drilling and infrastructure upgrades will commenced in mid-2016.
Regards
SP
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60186 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 150000 | 1 |
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| Last trade - 16.12pm 19/06/2025 (20 minute delay) ? |
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