yep, and in that 8 months (which is 7 as we have already done a month) they will drill makuyu-1, drill baobab-1, which together will take them to feb. Then do their analysis and keep the lights on for a month or two. Any further exploration activities such as flow testing or makuyu 2 or any other exploration well will require more funds. Either at +$1 or sub 5c.
the upside if they find commercial gas is huge. actually it's 3 times what it was a couple of months ago......
Ann: Response to ASX Price and Volume Query, page-76
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Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $112.3M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.8¢ | $83.25K | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 106550 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 132215 | 2 |
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