Probably correct imo. Well control is (and always has been) a serious risk at Dempsey.
The costs may blow out considerably, now likely at least $10m (double pre drill estimate).
Not unusual in these HPHT plays.
IF they can control it, may be a ripper, my old mate gridder may even get his money back on one oiler?
Selling the 'family silver' to pay for Dempsey over-runs is not a great idea however imo, especially when CR funds are being thrown at SGC and EME at lofty valuations atm.
DYOR
Probably correct imo. Well control is (and always has been) a...
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Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $193.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.4¢ | $1.197M | 47.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 6669647 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 800000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
2.5¢ |
Change
-0.003 ( 7.41 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.4¢ | 22863076 | ||
| Last updated 15.56pm 26/04/2024 ? | |||||
| PCL (ASX) Chart |