There is a requirement to inform the market
There is a lot of work to do, they have confirmed there is likely oil
Now they have to spend money to test the resource, had they not found anything they would have closed as a duster, we are a long way from that decision.
The lab to me is hype, the decision is what are they going to do now there is likely to be oil, because they don't know how much, is the drill rig still in place will they dril a side hole, recore, try wire logs again, decisions, decision, decision. Someone will get a lot on money for putting his nuts on the line to make that decsion.
Share price will likely fall futher and then a decsion will pick up a little until the next decision and result. They may be the money decsion for share holders
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $5.009K | 2.249M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 96266624 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 600926597 | 231 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 94218124 | 0.002 |
208 | 873200197 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 573070687 | 218 |
0.004 | 278897334 | 106 |
0.005 | 70727422 | 50 |
0.006 | 31711322 | 34 |
0.007 | 18363917 | 20 |
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