I don't agree. They can drill away cheaply at the shallow targets throughout the whole area and continue producing for ages. Production costs are extremely cheap and drilling costs are not heavy at all. This type of production, once it is operational, is very profitable.
Frankly I don't care if they don't sell it, because then the cash just continues to flow into Otto's coffers, so if they don't get a decent offer for it, then keep it.
I suppose we will soon see. I suspect they will end up keeping it.
- Forums
- ASX - By Stock
- OEL
- the turkey assets for sale
the turkey assets for sale, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $57.29K | 4.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 549479 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 15958763 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 549479 | 0.012 |
21 | 12151743 | 0.011 |
1 | 2000000 | 0.010 |
1 | 100000 | 0.009 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 15958763 | 19 |
0.014 | 8999735 | 13 |
0.015 | 5481000 | 13 |
0.016 | 248004 | 2 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |