Those who had 20 to 30-baggers would know that such multiples are possible.
The positives are:
1) that region is a known active petroleum system.
2) there are historical seismic surveys which provided the leads.
3) historical drilling detected oil shows.
4) With modern technology the sealed /trapped oil reservoirs should be easier to find.
Until oil is found, it is a speculation. Is this a lottery? No. Lottery is a win or a loss. With this stock, the SP is expected to hike before drilling and one can take profits without exposure to a duster.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.420M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2443676 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 96372 | 1 |
View Market Depth
| Last trade - 09.30am 02/07/2025 (20 minute delay) ? |
| ZMM (ASX) Chart |
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