- They did have a friendly counterparty and were able to pay their bills. Contingency - noun : a provision for a possible event or circumstance.
- Of course they haven't paid for the current well as the outgoings aren't due. This seems to be the concept that you can't wrap your head around. You don't need to have the cash on hand, simply the ability to cover your dues when they are due. As far as costings and over runs - that's why you have tight contract terms and contingencies built in. Do you really, really think that they're so amateur that they wouldn't have appropriately planned to that level for a circa $10m well???
- Forums
- ASX - By Stock
- Ann: SM69 E2 Well Commencement
- They did have a friendly counterparty and were able to pay...
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add BYE (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $58.25M |
Open | High | Low | Value | Volume |
5.3¢ | 5.5¢ | 5.2¢ | $102.2K | 1.938M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 113591 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 593822 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 113591 | 0.052 |
2 | 410000 | 0.051 |
2 | 118572 | 0.050 |
1 | 200000 | 0.048 |
1 | 300000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 593822 | 3 |
0.056 | 131880 | 2 |
0.057 | 208000 | 2 |
0.058 | 206000 | 2 |
0.059 | 241804 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
BYE (ASX) Chart |