That's all well and good but BHP paid $4.75B for the Fayetteville Shale and plans to spend another $1B a year for the next 10 to triple its daily production. I'm sure they see value in it at those $$$.
So we only have 10% of the acres, look at the market cap? $30m gets you an off-shore well drilled, which invariable contributes to the dusters column.
That's all well and good but BHP paid $4.75B for the...
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $79.67M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $3.131K | 61.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 776664 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 138653 | 3 |
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| Last trade - 13.01pm 14/11/2024 (20 minute delay) ? |
| CEL (ASX) Chart |