Currently achieving around $700,000 net profit per week after taxes, royalties, exploration, etc.
$31M in the bank to day and another $50M over the next 12 months. Current market cap = $270M
Just awaiting news release from JV operator - Pan Orient Energy - regarding the current flow test.
A risky time to be a day trader as I anticipate the sp to test 44c, 52c, 57c, 62c, 69c...just don't know whether it will hang around at any of these points?
Oil doing nicely today 116.51 +0.95 +0.82%
US dollar is in the toilet 76.689 -0.239 -0.31%
Bring on the flow test results :)
1 million dollar net profit per week
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20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $724.4K | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 279612 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 485773 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |