This obviously bodes very well for the prospectivity of Odin and Kinta given they are within close proximity (likely same hydrocarbon fairway) and also will be targeting the same reservoirs. Maybe even get lucky and encounter a better quality Tirrawarra sand...
Further, some of the infrastructure cost to connect Vali can be offset if Odin and Kinta are successful.
Recent drop in SP likely due to macro-economy as I thought a commercial success like Vali would see it north of 9c at least?
Cash flow generated from Vali is likely to bring interest back fairly quick. Hopefully they can negotiate a favourable gas sales agreement.
This obviously bodes very well for the prospectivity of Odin and...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.02M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $19.33K | 2.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4968068 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3107099 | 10 |
View Market Depth
| Last trade - 14.34pm 28/06/2024 (20 minute delay) ? |
| VEN (ASX) Chart |