ROG red sky energy limited.

Yes Hammer, it’s certainly been a long wait—and at times,...

  1. 1,024 Posts.
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    Yes Hammer, it’s certainly been a long wait—and at times, frustration has understandably gotten the better of us.However, I now believe that assembling a consortium of this scale was always going to require significant time in the boardroom and extensive negotiations to get it right. Some may have assumed we’d simply borrow some funds and get on with the drilling, but in hindsight, that could have been disastrous.We now have a dedicated and experienced team focused on the drilling and extraction operations—one that stands to profit from their success. It appears that AK has done his due diligence and secured a working asset that sets us up well for the future.It seems he has been waiting patiently for the final signatures, which have now positioned us for strong forward momentum. From here, I believe timelines will shorten dramatically.Once the spudding date is confirmed, the long wait will be over, and I expect growth to accelerate rapidly. Four wells producing—what a welcome thought! That places us firmly within a high-growth corridor for Flax, with a capable team finally in place to drill.This feels like a much-needed—and possibly overdue—turning point for ROG and its shareholders. I, for one, am very much looking forward to the next announcement.GLTAH and DYOR.
 
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Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $21.68M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $1.105K 270.0K

Buyers (Bids)

No. Vol. Price($)
60 106064060 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 21622862 20
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
ROG (ASX) Chart
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