Yes, everything appears to have gone seamlessly so far. Based on the published ADX Brokers Report (relevant excerpt below) the upside is definitely positive from a number of plays currently in place (including but not limited to this drill).
'Value build-up Operating cash flow covers costs and debt servicing with EV/DACF multiples of 4.3x in 2022. The main sources of upside are: (1) Successfully drilling two prospects (~27 mmboe) in Upper Austria would add A$0.060 per share. The overall unrisked NAV for the 58 mmboe exploration portfolio is ~A$0.20 per share. (2) The Flysch Play could add A$0.025 per share on success. (3) Obtaining funding for the H2 pilot would start unlocking A$0.004-A$0.023 of H2 value. Our Target price of A$0.030 per share is in line with our ReNAV.'
Yes, everything appears to have gone seamlessly so far. Based on...
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $43.88M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $337.9K | 3.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 712505 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 437844 | 4 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
-0.010 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.5¢ | 10.0¢ | 1853473 | ||
| Last updated 15.16pm 06/05/2024 ? | |||||
| ADX (ASX) Chart |