The value should improve at each of the following:
FDP approval,
debt funding completion
FID
The seller finally finishing
As a bonus, we could also get:
Some new leases from the new round
A gas price increase
Takeover (if the price stays here until after FID)
Further farm out
A favourable change in Tax from UK govt
ps we should also get the Notice of meeting at some stage which is to vote on Directors subscribing to $750k worth of stock @4C (as well as the only negative... performance shares...)
So no, I dont think the share price will be dead until first gas.
Ann: Hartshead Completes Transformational Farm-Out Agreement, page-18
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $5.958K | 858.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 23450504 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1662160 | 5 |
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