Once the field is farmed out does anyone know if there is an industry standard for how much the explorer (IE us) normally retains ? is it 30%? or much lower?
Just trying to work out the significance of these lead increases. If we were able to get $4pb and were able to retain 30% of the working interest, that would put us somewhewre around $0.30c a share net to 88e? Keen to hear from those who would have much better/accurate estimates
S
Ann: Conventional Portfolio Update, page-14
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $14.79K | 7.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 487 | 1321466095 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 140711501 | 33 |
View Market Depth
| Last trade - 13.55pm 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
