Hi BK
Hopefully some cash soon. Not a big burn rate. $185k a qtr forecast?
The Company entered into an agreement with Westmarket Oil & Gas Pty Ltd (“buyer”to acquire its 100% interest in tenement EP127. The total consideration payable on successful completion of the transaction is AUD$1,500,000, comprised of as follows: 1. Cash consideration of AUD$500,000 At completion the buyer pay the Company a cash consideration of AUD$500,000, less any deposit paid. The Company will be paid a non-refundable deposit of AUD$35,000. 2. Stock consideration of AUD$1,000,000 Issue to the Company the equivalent of AUD$1,000,000 of shares, at a deemed issue price equivalent to the IPO price on the London Stock Exchange (LSE). 3. Royalty Amount of 1% for a period of 5 years The Royalty Term shall be 1% of the net return from the sale of Petroleum produced, removed or disposed of from the tenements during the royalty term of 5 years.
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- Ann: $1.5m Sale Agreement for Southern Georgina Project Executed
Ann: $1.5m Sale Agreement for Southern Georgina Project Executed, page-17
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.49M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39998 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 28000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39998 | 0.036 |
1 | 422644 | 0.031 |
1 | 1995000 | 0.030 |
1 | 394685 | 0.029 |
1 | 500000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 28000 | 1 |
0.036 | 200000 | 1 |
0.039 | 66666 | 1 |
0.040 | 250750 | 1 |
0.045 | 169680 | 2 |
Last trade - 09.10am 20/08/2024 (20 minute delay) ? |
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