I like the valuations that keep popping up on these presentations, the latest being EKA. If we believe we have 900 bcfe, then even at US$0.50 per mcfe, we're already at US$90,000k which is slightly higher than today's MC! And of course, the value increases as production is proven, and obviously that needs to be achieved. Plus the upside from the lower horizon.
I think I can probably handle the wait, but would be nice to see the next well at the higher end of expectations.
sugarcane development, page-5
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Last
$2.94 |
Change
0.020(0.68%) |
Mkt cap ! $932.7M | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.95 | $2.93 | $1.115M | 380.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1861 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 12627 | 4 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| DXI (ASX) Chart |