Those who had 20 to 30-baggers would know that such multiples are possible.
The positives are:
1) that region is a known active petroleum system.
2) there are historical seismic surveys which provided the leads.
3) historical drilling detected oil shows.
4) With modern technology the sealed /trapped oil reservoirs should be easier to find.
Until oil is found, it is a speculation. Is this a lottery? No. Lottery is a win or a loss. With this stock, the SP is expected to hike before drilling and one can take profits without exposure to a duster.
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ZMM
zimi limited
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0.9¢

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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.826M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $36.15K | 3.918M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 3984860 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 431714 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 3984860 | 0.008 |
10 | 3320638 | 0.007 |
6 | 1451737 | 0.006 |
2 | 1400000 | 0.005 |
1 | 125000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 431714 | 1 |
0.010 | 2446695 | 4 |
0.011 | 215345 | 2 |
0.012 | 586365 | 2 |
0.013 | 225272 | 1 |
Last trade - 12.17pm 19/09/2025 (20 minute delay) ? |
Featured News
ZMM (ASX) Chart |