I totally agree. I guess what I'm trying to say with the 90% example is that we need to be prepared for either outcome. You can have a 90% chance of success and fail or conversely, have a 10% chance of success and still be successful. So, while the chance of success is an important factor and we should get the best possible information to determine that, everyone needs to be prepared for either outcome. What that means is up to the individual.
I quite like that the company, while appearing to be quietly confident, is also talking about the chances of failure. And even if both wells end up duds, they have plans for beyond that. They are prepared for all outcomes and are doing their best to ensure that shareholders and stakeholders are as well.
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Ann: Multiple drill ready prospects mapped expanded licence area, page-56
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Last
6.7¢ |
Change
-0.001(1.47%) |
Mkt cap ! $101.6M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.7¢ | $87.62K | 1.285M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 405865 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 639754 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 405865 | 0.067 |
5 | 362766 | 0.066 |
6 | 589319 | 0.065 |
4 | 488350 | 0.064 |
3 | 264618 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 639754 | 5 |
0.070 | 913194 | 7 |
0.071 | 1064037 | 10 |
0.072 | 1002000 | 8 |
0.074 | 242618 | 2 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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