Cash burn is very limited, no doubt due to JV partner paying 85% of Zapato costs.
Post options exercise the company should have circa $50m cash less a few mill towards Cuba expenses.
"An estimate of oil in place and prospective resource for the Marti structure is expected from independent expert McDaniel directly".
News flow should continue next week, with luck starting with a TH on Monday re Zapato oil inrush.
Cash burn is very limited, no doubt due to JV partner paying 85%...
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $34.69K | 1.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 311112 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1105905 | 6 |
View Market Depth
| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| MAY (ASX) Chart |