BHP appear to be selling down projects and reigning in costs where they can. they have a committment to drill but it wouldn't be hard for a major to cite safety or impossible rig market conditions to be granted a further delay. there is precedent. i think they have a mandate to delay expenditure across the board right now. i wonder how the market would react to them selling part of their 60% interest or delaying the drilling again?
i mean there is a lot of positive newsflow for OEL this year but can galoc/galoc north/duhat hold up the price if the cinco project fails again?
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $1 | 92 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5214781 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 960978 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5214781 | 0.011 |
14 | 20687452 | 0.010 |
1 | 100000 | 0.009 |
3 | 370247 | 0.008 |
2 | 550000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 960978 | 4 |
0.013 | 9747894 | 13 |
0.014 | 13096952 | 13 |
0.015 | 4427000 | 7 |
0.016 | 714285 | 1 |
Last trade - 10.06am 06/09/2024 (20 minute delay) ? |
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OEL (ASX) Chart |