the company is aiming to Frac 1.6TCF look up
https://www.quora.com/How-much-is-a-1-trillion-cubic-feet-of-natural-gas-worth
this is measured in this link in US dollars - so I’m estimating min if that was recovered I’d scale it back to 1 billion AUD dollars, ANA have a 35% stake with the UK based Gemini Resources LTD so that would equate to $350 million market cap and then I’ve worked back from there by dividing the current market cap and so works out min 70 cents a share before Christmas on this Siciniy 2 project. Even better is the fact of the arbitrage as the UK company Gemini is not listed but a very large private company so anyone wanting in on this discovery has to buy shares on the ASX - ANA
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the company is aiming to Frac 1.6TCF look up...
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Change
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Mkt cap ! $18.25M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $19.21K | 3.040M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 22684176 | 0.6¢ |
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Price($) | Vol. | No. |
---|---|---|
0.7¢ | 5474342 | 7 |
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No. | Vol. | Price($) |
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30 | 22684176 | 0.006 |
35 | 37878262 | 0.005 |
10 | 5533333 | 0.004 |
4 | 4149999 | 0.003 |
4 | 4950000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 5474342 | 7 |
0.008 | 10662318 | 11 |
0.009 | 24755347 | 8 |
0.010 | 1120357 | 8 |
0.011 | 793000 | 2 |
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