Yes, they are also saying:
We might start production in early February.
'It is anticipated that handover for gas production commissioning of the first well to be brought onstream, will occur in early February with a phased start-up of Vali-3 and Vali-2 during the March quarter'
I don't think one well is enough to have positive cash flows unless they can defer the payments to Santos.
My sentiment is buy but don't buy too much
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 19285488 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5913861 | 9 |
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| Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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