Talked with eric last week. He was hoping that next drilling campain would commence in August. Extremely positive for stock in next 18 months. Currently pumping 5000 Barrels Oil day ( this includes Erima ). Clearly they will invest their cash flow into new wells. Dividends 03/04 are a possibility. Cost of production is cheap and he expects figures to be good for 2nd half.
next drilling
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |