Hedging at $75/bbl is possible , altho , if so , you would think now that they would be crowing about it? (My spys say the hedge is about $50/bbl)
Also $7.5m cash at end Sept ,, $9.5m at end Oct .... did I miss a placement somewhere??
Even with $9.5m and using $4m/month to repay the GPC debt ... looks like OEL will 'run out of cash' about the end of Jan ... and need a bridging placement til Galoc c/f available in Apr/May ....imo
Can for the life of me see Gazzata being drilled til June 09 earliest ... imo.
Not a great preso ... seemed the GM was very nervous and talk of deffering offshore projects and focussing onshore will hardly excite holders ....imo
SALTY
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 615750 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 615750 | 0.012 |
12 | 12544970 | 0.011 |
8 | 5620909 | 0.010 |
1 | 500000 | 0.009 |
1 | 125124 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 100000 | 1 |
0.012 | 1188401 | 4 |
0.013 | 10925129 | 11 |
0.014 | 6556618 | 7 |
0.015 | 4139109 | 7 |
Last trade - 16.12pm 28/10/2024 (20 minute delay) ? |
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