Anyone have thoughts on what the next EFS well is going to cost?
We have 5m cash (and equivalents), approx $2.5m assets held for sale, and around $1m receivables. Lets just call it $7.5m available.
I forsee a raising or some sort of funding deal required here...which is no surprise to 99.9% of us on here. Can't see us getting credit from banks based on one poor result EFS well...so unless we farm down the EFS, I'm thinking cap raising.
Cooper Basin farm down is a possibility I guess...but do we really want to negotiate that down in a position of weakness?
Ann: Half Year Accounts to 31 December 2012 , page-3
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $637.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 2119589 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 598880 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |