If Emily comes in at P50 (10.5mil bls) it is worth $0.52 to EBR $1.28 to ADX $0.98 to AOC (all undiluted) based on $30 aud in ground value of Cooper Oil.
Some good buying still available although it appears EBR sellers holding firm! Noting 60% success rate. (see ASX announcement)
fc
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If Emily comes in at P50 (10.5mil bls) it is worth $0.52 to EBR...
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