They should do another cap raise and do it alone if no partner available....OR sell the entire farm ... wells on production will quickly pay themselves off ... the wells that failed were due to technical issues & mistakes .. the oil is there they just need to get the drill & fracking sorted out.
When the dollars starting piling in they can do a share buy back and later allot dividends.
Its a tricky thing finding a partner it appears ... a drilling / production partner is what we need asap
$100 Oil by year end?, page-470
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Last
1.0¢ |
Change
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Mkt cap ! $12.85M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $1.32K | 127.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2716682 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3419902 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ATS (ASX) Chart |