HHR 7.69% 0.6¢ hartshead resources nl

the company is aiming to Frac 1.6TCF look up...

  1. 1,036 Posts.
    lightbulb Created with Sketch. 128
    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
 
watchlist Created with Sketch. Add HHR (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(7.69%)
Mkt cap ! $16.85M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $56.04K 9.336M

Buyers (Bids)

No. Vol. Price($)
17 5294908 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 4734825 5
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
0.6¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
0.7¢ 0.7¢ 0.6¢ 1811418
Last updated 15.19pm 29/03/2024 ?
HHR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.