Its an accounting thing unfortunately with the internal processing of Sonangol, it's common with every company to have invoices paid late at some level. Its odd that the junior partner is doing the hard yards but it's working and the skill set developed by the company will be good in the long term. No reason why they couldn't repeat this experience elsewhere globally if the opportunity arises.
As long as the JV is progressing with approvals and getting a FID for a drill campaign agreed on we should be in good stead.
Best of luck holders
- Forums
- ASX - By Stock
- MAY
- Ann: Block 9 - Maiden Contingent Resources
Ann: Block 9 - Maiden Contingent Resources, page-251
-
- There are more pages in this discussion • 203 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $107.8M |
Open | High | Low | Value | Volume |
2.9¢ | 3.2¢ | 2.9¢ | $182.4K | 5.982M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 534562 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 1235000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 534562 | 0.031 |
3 | 650000 | 0.030 |
8 | 592152 | 0.029 |
17 | 4833615 | 0.028 |
8 | 1202967 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 1235000 | 3 |
0.034 | 114471 | 2 |
0.035 | 36623 | 2 |
0.037 | 1000000 | 1 |
0.038 | 760674 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |