I agree it's key to get the oil out the ground, and prior to the next peak which I believe is coming over the next couple of years.
Also agree they need a partner, not enough $$$ to do it themselves, and judging by history nor the expertise.
However relative to other O&G companies on the asx I still think this is undervalued. In production and at 5c, MC relatively low compared to its peers, some who are purely exploration.
Ann: Placement and SPP to raise up to A$10.175 million, page-38
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $14.49M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $29.02K | 2.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1145342 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 875000 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ATS (ASX) Chart |