I am quite happy to see the Galoc Phase II drilled and (hopefully) the additional cashflow flowing into Otto's coffer (or paying down debt) before the Cinco well is drilled. I think it gives them more options and (if need be) a better opportunity for a capital raising at a better price if Galoc is alreayd successful and pre-hype of Cinco drilling then gets built in on top of the share price.
Impatient holders will sell on this news. Long term players will buy on this news.
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- looks like they have a rig but not in time
looks like they have a rig but not in time, page-7
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1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $11.13K | 877.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 7533795 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 11016129 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 7533795 | 0.012 |
11 | 6080676 | 0.011 |
2 | 2050000 | 0.010 |
1 | 100000 | 0.009 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 11016129 | 18 |
0.014 | 5287214 | 10 |
0.015 | 6381000 | 14 |
0.016 | 700004 | 2 |
0.017 | 264764 | 2 |
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