Even though the AJQ shareprice has sucked wind, the end result is ; two drill holes, two wells. 12 km down the road.
The fact that these wells have flowed at rates which indicate they will be productive seems pretty decent to me and outside of G & A , EEG hasn't yet spent any money !!
AJQ is churning through it and have indicated that they will continue to do so.... not a criticism , just an observation... so they are doing the risking whilst EEG waits to see the outcome.
There is so much total junk listed on the ASX with market caps so far in excess of this stock that you sometimes have to wonder what Aussie analysts do all day
Even though the AJQ shareprice has sucked wind, the end result...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.3M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $126.0K | 490.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20322 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 252286 | 2 |
View Market Depth
| Last trade - 15.59pm 20/08/2024 (20 minute delay) ? |
| EEG (ASX) Chart |