There is no sign of any monies yet, that could be a while away, since waiting for regulatory approvals and of course the production of the units.
Hate to say this but with a market cap already now of $20M, I don't see the SP on upward projection, until first positive cash flow/money in bank.
Having said that, ongoing ann. will keep the SP from falling below 5 cents.
Keep them ann. coming OIL !!
AGM Thoughts, page-3
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $146.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $18.79K | 111.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39999 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 107427 | 1 |
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| OIL (ASX) Chart |