Dont forget that your 90c -$2 is future value in the field.
It could take 20ys to drain a field like Gindara. Even at a $2 value, thats only 10c per year in earning capacity.
However future earnings will be somewhat priced in before and after the drill and then production.
On top of that, will be what the income is able to do for other drilling targets.
And then of course probably a bubbling through any rational valuation.
Im expecting about a 40c addition to share price, as a reasonable price addition.
What the market perception and over inflated expectations do to the share price, will be interesting to watch.
After all, she went to 66c pre GST based on speculation only.
Dont forget that your 90c -$2 is future value in the field.It...
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Last
86.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1238 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 2000 | 1 |
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