Just to clarify from updates out of the AGM yesterday, news is not that far away.
DW advised he will be looking to get the Break Even numbers announced before the next school holidays commence on east coast Australia, which commence on 24 June. Only 3 weeks away.
So with rising POO, expected reduction in extraction costs, the project economics should continue to impress IMO and create a nice platform on which to announce the 2.5D results and conventional potential about 4-6 weeks later.
So if you think there is nothing drive the SP in the short term, you may wish to re-think that.
Prospectiveness for conventional puddles on our very large acreage is huge. Now what would the SP look like if a couple of large trap structures were identified in the 2.5D. Guess we will know very soon.
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| Last trade - 15.59pm 07/06/2024 (20 minute delay) ? |
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| Last updated 15.55pm 07/06/2024 ? | |||||
| 88E (ASX) Chart |