Because we wanted to get something tabled quickly post acquisition from EnergyCapture to demonstrate it was a great purchase and the data was already there to base the formalised CR on.
Better to get something on the board ASAP than have to endure a long wait to validate more CR and PR.
Bas has already nominated that 395bcf is worth circa $300 mill.
The wait for an increased contingent and then an element of proven resource across the 3 zones of sandstone, FTMC and free flowing deep gas will be worhwhile I reckon
Ann: ADGO Conference Presentation, page-9
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Mkt cap ! $119.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.0¢ | $523.6K | 4.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 2133552 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 11.0¢ | 298136 | 4 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.0¢ | 3161464 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
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