Sovereign risk is part of any exploration decision, Australia or anywhere. Not surprisingly, Australia is currently not a favoured destination.
It is also a conscious decision to explore offshore or onshore.
Offshore - more expensive but normally more abundant, high quality 3D seismic and surface rights are not a problem.
Onshore - cheaper to drill/develop but pesky locals and protesters especially in the Amazon jungle.
Ann: Rights to massive 4,858km2 highly prospective O&G block Peru, page-12
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $24.85M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.7¢ | 4.3¢ | $142.3K | 3.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 865832 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 17898 | 2 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.4¢ | 4.7¢ | 4.3¢ | 325220 | ||
| Last updated 15.51pm 17/05/2024 ? | |||||
| CND (ASX) Chart |