I'm happy with the explanation provided regarding the path for the Mongolian asset. It confirmed my thoughts the current Queensland play and potential future plays will be the money makers.
Being small and nimble allows us to pivot to where we think the opportunities are, not stuck dealing with where they were.
Hopefully a couple more wells are drilled at Nomgon, commercial flow established, and the "For Sale" sign banged in the lot and the venture is sold off.
25-50c increase in sp would be quite acceptable. We'll never reach QGC type pricing for the asset. Ever.
I'm happy with the explanation provided regarding the path...
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Last
13.0¢ |
Change
-0.015(10.3%) |
Mkt cap ! $147.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 17.5¢ | 10.5¢ | $1.425M | 10.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 197683 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 86931 | 2 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.015 ( 11.0 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 17.5¢ | 11.0¢ | 4788587 | ||
| Last updated 15.55pm 29/04/2024 ? | |||||
| EXR (ASX) Chart |