BDM 0.00% 10.5¢ burgundy diamond mines limited

Corporate Activity in PNG, page-5

  1. 1,841 Posts.
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    amazing to see CMT sitting on 40% of a proven Tcf or thereabouts in place and at a market cap of $6M and an EV of half that. Amazing when you look at RLE, who are valued at 10 times our company after drilling a couple of hype wells and announcing log pay and gas saturation. I think you'd have to try very hard to not see gas in the Patchawarra no matter where you drill. and log pay is absolutely meaningless, unless you are within a well-established and tested discovery. Compare that to two successful, high deliverability flow tests, clear data to define the container and a proven resource. Someone tell me why these guys are valued so much higher?

    CMT need a takeover or a shift in industry attitude toward the risks of FLNG / H2S
 
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Mkt cap ! $191.8M
Open High Low Value Volume
10.5¢ 10.5¢ 10.5¢ $4 38

Buyers (Bids)

No. Vol. Price($)
10 1064418 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 812691 7
Last trade - 10.00am 07/11/2024 (20 minute delay) ?
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