maybe for the PELs, but taking wells to production cost heaps more than that.
I think last qtrly said $3mil cash on hand, or there about, anyone correct me if wrong.
That is not much for a Co with expansion hopes.
So I say get the oil pumping and cash flowing is priority #1.
Investors look very differently at producers, they cease to be speccy,
1 for 10 consolidation I would like to see. Too many shares on the loose atm I reckon.
Summary of ROG and why it is INSANELY undervalued, page-3287
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $12.83K | 2.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 98299870 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 56037955 | 92 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ROG (ASX) Chart |