And covid has only served to halt and bottom drawer these developments. 2025-2030 is going to be mega for Mongolian gas industry. There are a few other mobs that Lawrence pointed out the other day that a starting exclamation in Mongolia mobs from America. EX are has first mover advantage and out PSC with the Mongolian government is gold.
I would not be Surprised in the least if by Christmas time we are not valued based on the nomgon discovery suggesting a minimum 1000PJ reserves and that would send us to 6x current
current Mcap $117m @ Sp = 0.17
1000PJ (1Tcf) @To $0.5/GJ (after PSC costs) = $500M then SP=(500/117)x0.17 = $0.72
This does not factor in
- 1 TCF is more likely to be upward of 5TCF just in the nomgon
- the rest of the 29900km2
- seismic campaign derisking
- richairn
- if EXR isn’t $1 by Christmas I’ll do a nude run
Trading Week, page-50
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $99.40K | 889.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 927173 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 531777 | 5 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.0¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 11.3¢ | 11.5¢ | 11.0¢ | 302555 | ||
| Last updated 15.42pm 15/05/2024 ? | |||||
| EXR (ASX) Chart |