I knew Wall would have an ace up his sleeve to commence his PR blitz but it appears he has two!
The first is the commercialisation of the Charlie-1 gas. He is now formally quantifying the amount and suggesting a specific timeframe as to when initial work will commence.
The second, and for my money the more bullish news, is he is announcing a specific time - July to September - for the FO of the new well adjacent to Charlie-1.
FWIW I consider this a milestone announcement.
He is trying to give this stock "legs" as well as promote the FOMO. If the 2 wells are duds the SP is not going back to a tenth of a cent because there is too much potential elsewhere.
Be very interested to see what they make of this tonight in London. Very tempted to grab a few at 0.9c.
BTW consider this the opening salvo of a PR campaign to push the SP higher. Its only just begun.
I knew Wall would have an ace up his sleeve to commence his PR...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $10.05K | 3.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 152 | 214316072 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 581110328 | 194 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |