good to see admin costs reduced by $300k.
great to see gross profit running at 72% of revenue. very good and prob an industry stand out.
more certain opportunity to see share price movement will be when they move from Cris 3 to Cris 2 sands. production could increase from 135 bopd to 400 bopd for 2 years. that's an increase of 265 bopd and GGE at 40% represents 106 bopd.
based on current oil price of aud $90 per barrel that's over $800 k per quarter in revenue. massive for a market cap of $3m when your doubling revenue and more than doubling profits each qtr.
until then , cash will keep building again.
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good to see admin costs reduced by $300k. great to see gross...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.52M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $825 | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 8354193 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1660368 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 8354193 | 0.005 |
13 | 6595209 | 0.004 |
5 | 3570009 | 0.003 |
8 | 5966112 | 0.002 |
6 | 7900000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1660368 | 1 |
0.007 | 1250690 | 6 |
0.008 | 4614177 | 12 |
0.009 | 2187500 | 8 |
0.010 | 345653 | 3 |
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