VSR 6.67% 1.4¢ voltaic strategic resources ltd

Some of the previous well workovers have had capital payback...

  1. 1,439 Posts.
    lightbulb Created with Sketch. 121

    Some of the previous well workovers have had capital payback inside a month.  The profitability after that really depends on how long they sustain the increased flow rates...but the track records is pretty impressive.


    I've spoken with management in the past and believe they very much managed the timing of workovers to maximise exposure to higher gas prices.  The very low gas prices in the past explain some of the lack of activity until recently.

 
watchlist Created with Sketch. Add VSR (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $6.798M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $446 31.87K

Buyers (Bids)

No. Vol. Price($)
21 2676856 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 186977 4
View Market Depth
Last trade - 10.33am 21/06/2024 (20 minute delay) ?
VSR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.