You've bumped into the worst offending down rampers on HC. I'll take my time to apologise on their behalf for the lack of decency.
Just block them..
Market expected light oil knowing well that Cuba is renowned for its heavy oil.. Don't be deceived as there is still a market for heavy oil though may not be preferred but the market is still there hence Varadero (offshore).
Plenty of cash on hand... and board is not looking to raise capital any time soon...
A2 is an Appraisal and quite frankly they were not expecting as much oil as they have come across - A2 was never really a target for most of us holders... Many just took the punt and well it backflipped - I saw someone say earlier faith in management is lost.. I do not recall AP telling us that there will be light oil? He had a punt himself but anyone with more then 2 brain cells would've put two and two together.
A3 is the main target and nearby neighbouring fields (plugged) have shown to flow somewhat medium oil which will be much easier to commercialise.
We are now at the stage of testing the other two.
Oh and apparently u3 failed the flow which AP explained why and how it could be fixed in the latest investors stream. Just had a look again and poor fella looked like he was excited to release the news and was not expecting the 50% loss...
- Forums
- ASX - By Stock
- Alameda-3
You've bumped into the worst offending down rampers on HC. I'll...
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $94.36M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 2.8¢ | $281.7K | 9.428M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1096086 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 17857 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1096086 | 0.028 |
5 | 776297 | 0.027 |
4 | 1113379 | 0.026 |
7 | 2110000 | 0.025 |
8 | 4024166 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 17857 | 1 |
0.030 | 1146350 | 7 |
0.031 | 1118525 | 5 |
0.032 | 1416020 | 7 |
0.033 | 1966600 | 4 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |