I was wondering if you fellas might help a novice oil investor like myself as I am confused about the potential of Bounty and other exploration stocks.
Bounty appear to have numerous 'prospects' to work on, some with large quantities of oil and gas. I added up just the targets mentioned in up coming exploration, BUYS share was 200mmbo and 1 Tcf gas. Then I divided by 3 to account for dry holes and attached an in the ground price of $8 / barrel equivalent. The figure was so huge i figured I must be wrong!!!
Any advice on this topic would be much appreciated.
You fellas would have to know more about this than me!!
Regards
Pixby.
valuations
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.493M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $1.017K | 249.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 629139 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7116233 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BUY (ASX) Chart |