No all good. I knew where your comment was directed.
The way I see it PVD is pretty much at cash backing, and have a conditional deal for a drilling contractor to fund the drilling cost s of a three well program in return for a royalty. This way PVD still maintain 100% as they search for a farminee to fund the remaining costs. PVD have spent a lot of money getting the permits drill ready so I wouldn't be surprised to see a farminee reimbursing some of these costs...ie more cash back to PVD.
So if Neaves can pull off a deal for a farmin...we have a company at, or below cash, with three fully funded wells to be drilled.
If he doesn't pull of a deal...well the stock will probably be cheaper!!
- Forums
- ASX - By Stock
- HHR
- Free money!
Free money!, page-20
-
- There are more pages in this discussion • 14 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 HHR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $16.85M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $75.73K | 10.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 15704418 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 3600000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 15454418 | 0.006 |
22 | 9578181 | 0.005 |
8 | 4687500 | 0.004 |
2 | 3600000 | 0.003 |
3 | 4000000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 3600000 | 2 |
0.008 | 3024186 | 10 |
0.009 | 3228700 | 8 |
0.010 | 1826000 | 5 |
0.011 | 2020777 | 3 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
HHR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online