They need to maintain hundreds of land licenses to assure all the tenements adjacent to their portfolio stay valid as well. If they ever fail to renew one of the land packages their portfolio can fade away quickly. It's a very complicated and expensive administrative operation. Australis is running out of time and money. Something must happen or all is lost without more capital raised. If Trump were in power there would be a lot more animation to invest in the sector.
Adjacent tenement holders can literally pump up oil under the land mass package of Australis.
They need to maintain hundreds of land licenses to assure all...
Add ATS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $12.85M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $1.32K | 127.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2716682 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3419902 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ATS (ASX) Chart |