Gas prices are still good, just not stupid - 2.5-3.0x 2021 Q1 pries. 7-11x historical prices was not going to last long.
I think the proof of funds was definitely there when the deal was struck with the Finance company, but once transferred to MCF I can't see that as the hold up.
I think additional info required from the ADX side, as they extended the option (which also means they don't have alternatives - including own funds)
But, time will tell.
Ann: Welchau Gas Prospect Farmin Assigned and Option Extended, page-8
Add ADX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $22.99K | 230.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 59365 | 2 |
View Market Depth
| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| ADX (ASX) Chart |