Isnt the problem O1 flowed significantly better and stabilised...

  1. 9,447 Posts.
    lightbulb Created with Sketch. 838
    Isnt the problem O1 flowed significantly better and stabilised at ~1.5mmcfd, O2 appears to be O1 poor cousin at first glance with IP less than 1/2 was was reported at O1 stabilised 6.5mmcfd.

    Suspect shareholders will be none the wiser on the actual contribution of O2 on cashflow until the Dec quarterly - GC1 taking 15% off the top wont be helping the economics of the O2.

    Decent volume through VEN down 22% seems to suggest the market was expecting stabilised IP to be a fair bit higher.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $4.592M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $7.276K 2.910M

Buyers (Bids)

No. Vol. Price($)
8 6630498 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10843632 8
View Market Depth
Last trade - 14.16pm 30/07/2025 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.