The intention of the company was never to be a producer, the intention has always been to verify the potential of the lease and flick it to the highest bidder. (those who can afford to produce)
The problem has been that they have never been able to hit a cow on the arse with a banjo hence the 'rinse and repeat' comments.
There is money to made on 88E but the dreams we all had during Icewine 1 were exactly that - dreams.
Cash out when you hit green & come back next year, rinse and repeat - this predictable CR should provide an opportunity to jump on for a run up to drill
DYOR
Ann: Trading Halt, page-111
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $26.09K | 9.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 488 | 925168608 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 391980407 | 68 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.001 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 18542621 | ||
| Last updated 15.30pm 28/05/2024 ? | |||||
| 88E (ASX) Chart |