NZrugby,
It doesn't take much thinking to understand that it would not be NDO.
If you asked Boise, he would tell you NDO don't have the funds to cover their own share of commitments in the block, let alone take another 15.05% off KIK and have to pay an extra 30.1% on top of their own share for the privlige!
On top of that, I don't think NDO would need to do 60 days DD...they should know the story inside out.
If the deal struck is a carry of 15.05% for KIK, then imo it will be a well cashed up mid tier oil stock with some reserves behind them.
I think the SC54A shallows is too small a fish for majors to contemplate...they are in the business of adding substantial reserves where they can...we'll find out in about 60 days.
Tomorrow will be an interesting day in terms of revealing the CR deal, and what they say about the potential farmin and the future SC54A shallows work program to "sweeten" the CR...which they will need to do imo.
- Forums
- ASX - By Stock
- RPM
- ann out
ann out, page-52
-
- There are more pages in this discussion • 3 more messages 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 RPM (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $17.40M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.9¢ | $16.66K | 234.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 313081 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 76353 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 313081 | 0.069 |
1 | 367647 | 0.068 |
4 | 309359 | 0.067 |
4 | 962460 | 0.065 |
2 | 212500 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 76353 | 1 |
0.072 | 58889 | 1 |
0.074 | 60000 | 1 |
0.075 | 25000 | 1 |
0.076 | 275874 | 1 |
Last trade - 15.48pm 08/10/2024 (20 minute delay) ? |
Featured News
RPM (ASX) Chart |