Too much being read into this just because of delays. It is not a duster at this stage, nor a success. It simply remains unknown, but as positive as it was when first drilled. Nothing has changed. We have pressure, gas shows in mud, permeability and porosity in spades, oil downdip within closure. That's as good as it gets at this point, so while nothing is certain, there remains nothing to be despondent about.
update from arq, page-12
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Last
$3.87 |
Change
0.050(1.31%) |
Mkt cap ! $2.532B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4420 | $3.87 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 112769 | 23 |
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| Last trade - 11.55am 09/07/2024 (20 minute delay) ? |
| EMR (ASX) Chart |