It's not complicated guys. Strategy is well set out in the latest Investor Presentation.
It is all about RESERVES. This is how these Companies get valued and ultimately re-rated. Wells need to be drilled to prove up the reserves. Cash flow comes as a result of the drilling and is typically re-invested in more drilling to prove up more reserves.
It's not complicated guys. Strategy is well set out in the...
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Last
1.3¢ |
Change
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Mkt cap ! $61.93M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 24418027 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3538740 | 10 |
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| Last trade - 12.07pm 22/05/2024 (20 minute delay) ? |
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1.3¢ |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 173692 | ||
| Last updated 10.26am 22/05/2024 ? | |||||
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