I just re-read the announcement and it seems Hutton Sandstone is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,333 Posts.
    I just re-read the announcement and it seems Hutton Sandstone is 430bopd and Poolowanna is approx 1500bopd, for a combined total of approx 1930bopd. Using the same rough calculation at $90/barrel that would be 63.4m per year. Thats more than the current market cap of 48m! I expect a signficant re-rating of STU in the new year. :)

    Happy Christmas.



 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$1.29
Change
0.040(3.21%)
Mkt cap ! $2.623B
Open High Low Value Volume
$1.27 $1.29 $1.24 $8.185M 6.437M

Buyers (Bids)

No. Vol. Price($)
1 23550 $1.28
 

Sellers (Offers)

Price($) Vol. No.
$1.29 356322 16
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.