8.4 Metres of coal intersected at Humboldt South 1 with gas bubbling from the core which is consistent with that at Mira to the South West has to be seen as being good news.
The Mira 6 horizontal well due to spud on 2nd November will provide us with all the data required – thereafter finalisation of pre-feasibility study of first stage development at Mahalo.
The uplifted 2P figures when they come - will result in a multiplication of our underlying core asset value.
Watching with interest our position in the Galilee Basin with us having 2,287 3C of contingent resources of Sandstone Gas and CSG. A successful hole sunk in the sandstone structure would be a game changer.
With Mahalo coming good and Galilee being brought forward – not surprising the rise in interest reflected in the increasing share price/market cap of late.
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $204.9M |
Open | High | Low | Value | Volume |
18.8¢ | 18.8¢ | 18.3¢ | $55.88K | 301.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 552861 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 30603 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 552861 | 0.180 |
3 | 282858 | 0.175 |
5 | 280382 | 0.170 |
4 | 332000 | 0.165 |
2 | 171400 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 30603 | 3 |
0.190 | 414397 | 9 |
0.195 | 318849 | 5 |
0.200 | 566871 | 9 |
0.205 | 360991 | 6 |
Last trade - 11.55am 25/07/2024 (20 minute delay) ? |
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