Loki , I think to be prudent OEL will raise more cash , generally if you miss a 'cash-call' you lose the permit interest...but I would bow to Mining Nuts superior opinion on this as I know he is probably the best informed of players in this sector (on HC) and follows this closer than me.
As far as dropping % of permits goes .... it generally detracts from appeal to farminees and is done as a 'last course of action' to appease the local NOC or Govt dept.
CVN ... like it alot. Good management , low overheads , rising production , and excellent prospectivity in Thailand and the NWS... have done well out of CVN from sub 10c although out for now but holding plenty of her 'little sister' RIA/O.
Cheers
quarterly: cash position, page-3
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.382K | 448.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 852085 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2189015 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |