Well as I said in my original post in this thread, with improved production and gas prices meaning strong cashflows, teamed up with minimal debt and better focus on targeted exploration spend, our profitability has never been stronger. Add in serious communications around shareholder returns (for a change) and the market will catch up.
Clearly the O&G sector is on the nose with many in the finance/ super/ insurance industries, so just describing your optimistic exploration program just won't cut it anymore these days (unlike 10-15 years ago). But when there is actual money to be made, the ants will come to the sugar.
You've heard it before Prato, and we've all held on for longer than we should have, but let's try to see positive news for what it is.
Unless they stuff it up, which they might (and historically have), but I feel it's a lower chance this time...
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Well as I said in my original post in this thread, with improved...
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $42.47M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.7¢ | $30.21K | 522.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 82027 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82027 | 0.057 |
1 | 199000 | 0.056 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
2 | 700000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 8000 | 1 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
0.065 | 206973 | 2 |
0.067 | 149268 | 1 |
Last trade - 13.39pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
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