I was very happy with the previous CR because the market was really getting excited and there was a long way to go before substantial gas reserves would be tested or booked. Dilution was favourable and I participated just to be able to say I was in it with the company and then later I purchased on market to negate the high average I had got from that. My average is still below 5C.
They haven't mentioned much about the gas engine power plant for a while but if Nomgon flows commercial gas rates, do you believe it's a simple 6 month job then to install that plant? I know project wise it's very simple.
Probably biggest part of it is the network connection and then the costs to drill a dozen wells and their gathering infrastructure to get going. Unsure about the permitting from Gov, along with the actual capex costs. They won't be reinventing the wheel though.
Add on: I see what you mean with a smaller certified resource size for transaction pricing and being able to get a sale amongst the world goings ons. A sale at 6000PJ would be sizeable and a great result for SH's. One in the hand...worth two in the bush.
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 61047 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 28486 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 61047 | 0.120 |
1 | 100000 | 0.115 |
5 | 380909 | 0.110 |
7 | 135312 | 0.105 |
13 | 1136511 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 28486 | 1 |
0.120 | 579833 | 12 |
0.125 | 708333 | 3 |
0.130 | 188649 | 5 |
0.135 | 74000 | 2 |
Last trade - 09.43am 09/07/2024 (20 minute delay) ? |
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EXR (ASX) Chart |
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