Hello OG, I entered this in the hope that Crevantes would hit the jackpot. Then i thought id wait for the re-rate once the gas starts flowing. So Im here.
Some points for your consideration:
they've paid for the wells etc..so the opex would have to reduce to reflect this.
the money up front from GSA means reduced revenue until that is paid off.
I have not followed too closely, but did they lock in to a $10/GJ price? or do they have a formula linked to spot/current?
Odin and any un-contracted gas from Vali - to be sold at spot will be the windfall...one hopes. But it seems its 12 months before Odin comes on stream. :-(
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0.2¢ |
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Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 19285488 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5913861 | 9 |
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| Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
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