Hope that's the case
"The Company requests a trading halt pending an announcement regarding the Green#2 development well on the Lightning field and the SM 71 F4 well."
Since we know we are out of F4,
then Green #2 needs to be in ... and (supposedly) development funding for that was "in hand" so to speak.
Suspect that the financing obtain precludes the use for anything other than specific items ... and IMO F4 & F5 were not on that list, so given our commitments we could not participate in F4. Just a guess.
Ann: Trading Halt, page-6
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $57.29K | 4.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549479 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 15958763 | 19 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |