Yes, they are also saying:
We might start production in early February.
'It is anticipated that handover for gas production commissioning of the first well to be brought onstream, will occur in early February with a phased start-up of Vali-3 and Vali-2 during the March quarter'
I don't think one well is enough to have positive cash flows unless they can defer the payments to Santos.
My sentiment is buy but don't buy too much
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- Ann: Quarterly Activities and Appendix 5B December 2022
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Ann: Quarterly Activities and Appendix 5B December 2022, page-16
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.581M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $12.46K | 5.721M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 11713008 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10212025 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 11713008 | 0.002 |
8 | 35000998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10212025 | 11 |
0.004 | 10479052 | 6 |
0.006 | 311675 | 1 |
0.022 | 91666 | 1 |
0.028 | 2400 | 1 |
Last trade - 15.40pm 24/06/2025 (20 minute delay) ? |
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MEL (ASX) Chart |