Seems to be helping today
I like the positivity and cooperative feel of this presentation but the the un-mentioned elephant in this presentation is finance.
Until finance is in a signed-off legally binding contract we just don't know what the interest rate or dilution could potentially be.
It is good news that the company estimates it will have $17 per barrel and 14000/15000 BPD in 2023 but how many shares will be on issue by 2023, what % will be locked in to a deal for offtake? How do we pay for the exploration coming up in the Gambia? I would like to put those questions to bed - I feel they hold the price back for now.
Gambia SNE extension around the border finally a focus. Good to see.
Ann: Investor Presentation - RIU Good Oil Conference, page-6
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Last
46.5¢ |
Change
0.005(1.09%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.0¢ | $19.37K | 41.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 116536 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 26726 | 1 |
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| Last trade - 15.44pm 17/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |
