Would love for my limited understanding to be corrected/refined, but as I understand it, the 1mmscf/d is for a field to be commercial, not from a single well, and these wells are undersized and poorly executed for production testing so underperforming is expected. No?
I think the certifiers will have a challenge to extrapolate from the data they have. My guess is we're probably going to see a greater than usual spread between 1C - 3C.
The fact the price has barely moved since they've committed to releasing the resource has me a bit concerned. Very rare for buy the rumour, sell the news to be completely useless.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.035M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 746984 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 264634 | 1 |
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| Last trade - 16.21pm 17/07/2025 (20 minute delay) ? |
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