It will be difficult to get a read on the SP until Sept 10th when all options are converted. Many holders will sell heads to finance conversions. After that we might have approvals through on Alameda and works plan to appraise and monetise it. All the demand pressure will be on the heads. As we have seen from Alameda, logging, resource assessment and long form testing takes time. We shouldn’t necessarily expect a sustained SP rise from a good result from Zapato in the near term. This is still a medium to long term play. O&G exploration is like that.
Ann: Alameda1 Independent Resources Assessment Marti Reservoir, page-279
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Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $222.4M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 7.0¢ | 6.7¢ | $128.9K | 1.898M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 419137 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 140751 | 3 |
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| Last trade - 10.38am 06/06/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.7¢ | 6.9¢ | 6.7¢ | 851210 | ||
| Last updated 10.44am 06/06/2024 ? | |||||
| MAY (ASX) Chart |