Their gas is tight and need a dozen plus wells to make it economical. The resource size on gas dollars is worth 100 million dollars unrisked
This flow means nothing because there is no offtake at the end of it and needs a dozen more wells to get it there. After they do this well what they doing next the market gets bored. They are just going around in circles. They need a timeline to production and offtake agreements they don’t have.
EXR Trading 2024, page-66
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Last
15.0¢ |
Change
-0.030(16.7%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 15.0¢ | $1.670M | 10.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 911738 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 11563 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |