I think that the reserve upgrade expected in the next 6-8 weeks should be enough to kick the price alomg without the need for a dividend.
50M barrels has been tentatively suggested - anything over that should really move things.
The 5th hole planned for next year should keep production at a high level.
latest production figures, page-4
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $81.74M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 36.5¢ | $2.017K | 5.499K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 506 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 3020 | 2 |
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| Last trade - 14.21pm 08/11/2024 (20 minute delay) ? |
| ECH (ASX) Chart |