MIN has a drill rig working in the Perth Basin and paid 500ml for 20% of LD, I think they basically got the other 80% by default. Plus it was scrip that is worth 1/3 of that now (sadly) That was off one drill, and I think they have 5 or 6 wells now, plus oil. I see it as a get out of jail free card that could clear debt, but I bet CE wants to develop it and export which is where the real money is longer term. I have been overly optimistic in the past, but I have patience.
True value around $15-$18, page-4
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Last
$43.13 |
Change
1.840(4.46%) |
Mkt cap ! $8.475B | |||
| Open | High | Low | Value | Volume |
| $41.25 | $43.80 | $40.80 | $94.60M | 2.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $43.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.24 | 1751 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |