ally, agree with your sentiments of the risks associated with the shareprice languishing below the bond execution floor price. But in any case this would only be a temporary pause.
What needs to be kept in mind though, is that both Magee and Mt Kitty fall in to the territory of HeN negotiations, whereby HeN fund 50% for a 25% working interest.
From what I understand, BG holding back from these wells should theoretically not have any significant impact on the funding contribution agreement between the other parties.
Hopefully the boys behind HeN have the financial capability to contribute, though I'm sure if they don't they will find a way to raise it given that's their background ;)
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5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.48M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.2¢ | $20.01K | 377.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 394141 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 65000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 394141 | 0.052 |
3 | 547516 | 0.051 |
1 | 400000 | 0.050 |
3 | 495000 | 0.049 |
1 | 150000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 65000 | 1 |
0.054 | 100000 | 1 |
0.055 | 60757 | 1 |
0.056 | 112500 | 2 |
0.058 | 220000 | 2 |
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