Me too, but I think it has more to do with funds. I've read that NoBrainer-1 and NoBrainer-2 are budgeted at approx $15m each. KIK have to stump up 80% of NB-1 and 40% of NB-2 which means that KIK are up for roundabout $18m on this campaign. Not much cash left after that, until the oppies are exercised in Dec for $7m. Of course, as per the Convertible Note Agreement, a certain party could always farm-in for 50% of KIK's share and refill KIK's coffers with half the cost outlayed on SC-54 so far, which including seismic and surveys should be a fair bit...imo
By completing NB-1, KIK will now own 40% of prime oil bearing real estate. A great investment for the future no doubt.
- Forums
- ASX - By Stock
- RPM
- expect a big run
expect a big run, page-25
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RPM (ASX) to my watchlist
|
|||||
Last
6.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.15M |
Open | High | Low | Value | Volume |
6.8¢ | 6.8¢ | 6.8¢ | $10.2K | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 264180 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 239401 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 264180 | 0.067 |
4 | 627223 | 0.066 |
3 | 293900 | 0.065 |
1 | 202835 | 0.064 |
1 | 23456 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 239401 | 3 |
0.071 | 439999 | 2 |
0.072 | 117442 | 1 |
0.073 | 150000 | 1 |
0.074 | 140000 | 2 |
Last trade - 10.06am 25/07/2024 (20 minute delay) ? |
Featured News
RPM (ASX) Chart |