Well let's hope the wells are still ramping up, to "return field production capacity back towards 45 Tj/d" as was advised in the announcement on 30 March 2021, and various other presentations.
We are also supposed to pick up a further 40PJ (100% JV) in 2P reserves so will be interesting to see if that occurs.
Judging from the market's reaction today however, I'm not holding my breath.
Ann: Mereenie Production Wells WM27 & WM28 Completed, page-6
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5.3¢ |
Change
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Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| CTP (ASX) Chart |