What has become apparent from discussions with potential partners is that more specialised
technical enhancement of the 3D seismic data set and additional analysis of reservoir quality
and distribution needs to be completed before potential partners are able to complete
technical due diligence and undertake any subsequent commercial negotiations.
I take from this that potential partners are seriously considering pumping large quantities of cash into this and need an extra level of detail to mitigate any financial risk to appease/convince the corporate finance people.
Ann: Quarterly Activities and Cash Flow Report - Mar 2024, page-6
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Last
9.0¢ |
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Mkt cap ! $60.42M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 81072 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 91865 | 3 |
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| Last trade - 15.48pm 07/06/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 14.08pm 07/06/2024 ? | |||||
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