LKO was successful in raising over $5m which ensures its survival and the drilling of Wombat 4. Can I suggest that if Lakes does prove up this gas deposit,which is looking a reasonable bet, RPMs 5% is going to be very significant.
You throw in Growler ,which is planned to bring up to 150- 200 bbls pd to RPM, The huge potential of CSG in PEL 171, and now the 5% royalty on ~600bcf from Wombat (plus possibly other deposits in the lease) and RPM is looking a very good buy. A 5% royalty is better than 5% ownership as there are NO costs to RPM.
Rememebr RPM ahd only 260m shares atm.
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Last
7.1¢ |
Change
0.003(4.41%) |
Mkt cap ! $17.91M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 7.0¢ | $18.31K | 261.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 246665 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 439998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 246665 | 0.069 |
2 | 310134 | 0.068 |
1 | 14180 | 0.067 |
3 | 88651 | 0.066 |
2 | 75900 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 439998 | 2 |
0.072 | 117442 | 1 |
0.073 | 150000 | 1 |
0.074 | 30000 | 1 |
0.075 | 36614 | 1 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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