Ann: VEN: Material Gas Resource Booked for Odin Field, page-14

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pakkham

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16/09/21

11:16

Post #: 56111366
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Originally posted by jophda: ↑

The first of our catalysts and as has been expected it is a very good result .

There were a lot of shares bought at 2.2 to 2.5 so we need to expect a lot of churn as the SP moves forward one pip at a time .

They sound very confident about a pre payment attached to a GSA and loan funding for the pipeline .

The independent contingent resource estimate included the structure in both permits so if the gas prepayment was big enough we might see an Odin 2 well drilled on ATP 2021 before production started .
That would facilitate a unitisation agreement .
They also need to get a ruling to joint market the Odin gas yet .

While I am Blue Skying would a prepayment big enough to drill both Odin 2 and Kinta before production started be asking for too much , lol .

More catalysts to come would love them all to as good as this one .

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yep
very good announcement..
still low market cap by comparison..
on chart..
looks like support channel
breaking up .
no advice

MEL Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $3.665M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$10	5K

Buyers (Bids)

No.	Vol.	Price($)
14	15680488	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	10613886	10

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No.	Vol.	Price($)
14	15680488	0.002
8	35000998	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	10613886	10
0.004	10352802	5
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Ann: VEN: Material Gas Resource Booked for Odin Field, page-14

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Ann: VEN: Material Gas Resource Booked for Odin Field, page-14

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