The company does seem to be doing its best to shoot itself (and us) in the foot!
That consolidation notice (now apparently forgotten) and the poorly worded and detailed Hickory-1 flow test announcements have done everyone a disservice.
Fraid the current management seem to put more effort into formulating its Performance Rights Plan than honing its market communications.
Still always got income from Longbow to pay salaries and keep the lights on (projected US$3M net cash flow 2024).
Recent news from Namibia althogh off shore rather than terrestial might provide a bit of magic for us, 2D planned H1 2024.
Namibia's NAMCOR signs deal with Chevron to develop offshore block | Reuters
Ann: Cleansing Statement, page-8
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $2.962K | 1.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 11202425 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 521581162 | 219 |
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| Last trade - 10.17am 30/08/2024 (20 minute delay) ? |
| 88E (ASX) Chart |