Yes, indeed a sad state. Mostly a sad lack of investor confidence now.
Perhaps it's time to re-visit the options VEN has to produce from its current wells. The Vali wells are touted as also having gas reserves in the Epsilon and Toolachee formations, currently isolated behind a sliding sleeve. To boost revenue and confidence, might it be time to switch out from the under-performing Patchawarra and open up the Epsilon/Toolachee.
Something needs to change and this option is likely the most cost-effective, near-term and least risky option available - with a significant confidence-boosting upside.
mutineer
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Open | High | Low | Value | Volume |
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4 | 2670000 | 0.007 |
4 | 935000 | 0.006 |
4 | 2396009 | 0.005 |
3 | 870000 | 0.004 |
Price($) | Vol. | No. |
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0.011 | 6278064 | 8 |
0.012 | 2009996 | 5 |
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