marc, you raise some good points and i think bur realize this to and is why they are looking at
re-entry wells.
their cost for re-entry would have to be less than $1mi.l while doing this they are also receiving revenue from the first 4 wells. slowly but surly they are building the bank balance.
but yes i agree wouldn't like to see a cap raise either.
also think where the sp could be after drilling another 21 wells.
mick
marc, you raise some good points and i think bur realize this to...
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Last
12.5¢ |
Change
0.025(25.0%) |
Mkt cap ! $18.79M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $19.19K | 153.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 5000 | 1 |
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| Last trade - 14.09pm 29/07/2024 (20 minute delay) ? |
| BUR (ASX) Chart |