To survive!!! Leases, salaries, admin, bank debt repayments and production expenses outweigh income from production now. Nobody has spoken about the 2015 Encanna wells production decline. Some of these wells must be dribbling now days. The two ATS good wells balance this decline out a little in the mid term. That is why the capital raising was essential, to buy some time and secure the leases.
Covid makes negotiating for a partner that much harder.
To survive!!! Leases, salaries, admin, bank debt repayments and...
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $14.49M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $29.02K | 2.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1145342 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 875000 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ATS (ASX) Chart |