Thanks Hateful8, very helpful
IMO and what id assume others would like to know and understand is.
What is the day-to-day drilling costs, in Australia its around 60k per day, this drilling cost will be directly related to understanding if this well is commercial, it might strike oil but at what cost.
What I don't understand is, why did AP state 55 days when he and Sherritt had the same information and knowledge you just shared.
IMO AP shouldn't of even placed a timeline to it
Its misleading and the market is reflecting this.
Ann: Zapato-1ST Drilling Update, page-306
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
View Market Depth
| Last trade - 15.23pm 27/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |