The Sell on Spud crowd hold the field today .
Hope they have regrets in only a few weeks time.
Considering the downside of a complete dry hole and the upside of a gas discovery I am happy to hold to the end of drilling .
It seems a great bet on a risk / return basis to me .
Even in Europe there is pushback against The Cult of Climate Change compared to dealing with climate change in a logical scientific and financially sound way .
The same with Environmental matters .This well will have a small environmental footprint once rig has gone .
Even if the well is a big discovery we are only borrowing the site from Nature .
After depletion and rehabilitation in say 50 years after that , no one would know that a gas well ever was drilled here .
The Sell on Spud crowd hold the field today .Hope they have...
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Last
8.3¢ |
Change
-0.003(3.49%) |
Mkt cap ! $47.14M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.3¢ | $90.79K | 1.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 11000 | 1 |
View Market Depth
| Last trade - 15.40pm 14/06/2024 (20 minute delay) ? |
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Last
8.3¢ |
Change
-0.003 ( 2.35 %) |
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| Open | High | Low | Volume | ||
| 8.4¢ | 8.6¢ | 8.3¢ | 148762 | ||
| Last updated 15.42pm 14/06/2024 ? | |||||
| ADX (ASX) Chart |