I think this will be the Senegal extension. I think in the coming weeks we will see some kind of joint venture announcment... couple of things to consider:
1) There have been companies 'reviewing' our data for years, it would be near impossible for them to create all the paper work required for announce a JV between Friday (when we went into a trading halt) and tomorrow. IMO - expect a JV in the coming weeks.
2) This stock has reached levels of 17.5cents not so long ago, I think the Senegal news will shift the SP to 10c+ and probably 17c range when a JV is announced...
also take into consideration AP drilling a well which forms part of our accerage... and if we get the 3m off China we might be in a position to have another JV partner for L9...
Cheers,
Ele.
trading halt, page-32
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10069 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
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| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |