Folks being mighty short sighted. 2024 will kick off with well testing and mou's turning to binding for starters....on a minute region/one well.
A ridiculous response to two discovery wells forced Scott's hand. Another few weeks and the current CR would be significantly less and even more painful given the response of what was a great result.
2024 will see an expansion of the basin via 3d and likely cash from initial production. A realm of farmin ops plus debt via local financial instos linked to contracts. The 3D in particular will likely entertain a myriad of well locations and possibilities given the data certified from Mk2.
Will gladly participate and ignore mkt ignorance. Scott is likely mighty frustrated but non the less even more determined to see this through. Funding via debt will come as will further contracts in an energy deprived region.
SP pain in the weeks ahead is likely given such a short sighted response to a basin wide open discovery. SP appreciation over 2024 will overshadow this to a mere blimp.
Tune out of HC and let the trolls revel....basically they'll eat and regurgitate their own dribble.
The 12 months ahead will see this basin expand immeasurably.
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6.8¢ |
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Mkt cap ! $96.41M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150899 | 6.8¢ |
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Price($) | Vol. | No. |
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6.9¢ | 131225 | 1 |
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No. | Vol. | Price($) |
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2 | 150899 | 0.068 |
1 | 150000 | 0.067 |
6 | 376496 | 0.066 |
5 | 893384 | 0.065 |
1 | 100999 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 131225 | 1 |
0.070 | 494994 | 5 |
0.071 | 370417 | 2 |
0.072 | 550000 | 2 |
0.073 | 460000 | 3 |
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