Page 9 of investor presentation tells me no oil was expected in the carbonates. The predicted trap (higher up) turned out to exist, the dimensions of which are not fully known at this stage.
Based on this diagram I can't see how sp has any value factored in for oil in the carbonates (at TD).
If sp drops good I might buy some more.
FAR are really a great team of oil finders. From here on it is a matter of proving up the resource and luck.
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1.41%
!
35.0¢

2 out of 2 is 100%, page-9
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $32.34M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 35.0¢ | $4.551K | 13.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21186 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 1577 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21186 | 0.350 |
2 | 109230 | 0.345 |
2 | 55596 | 0.340 |
1 | 8000 | 0.330 |
1 | 100000 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 1577 | 1 |
0.365 | 70000 | 1 |
0.385 | 4502 | 2 |
0.390 | 1191 | 1 |
0.400 | 9370 | 2 |
Last trade - 15.31pm 11/07/2025 (20 minute delay) ? |
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online