Yes, does need a good size Hawkeye discovery….I think I mentioned that….and the $300M capex? Otto is coming to the Hawkeye table with roughly $30 million…maybe a bit more…..I'm assuming Otto retain 40% and their new partner stumps up the rest of the first drill expenditure…(I'm hoping IMPEX - they have been active in the region last few years and comfortable working in the Philippines)…..IF successful and the result is midway between the anticipated field size….I'd expect some extreme SP appreciation.
EA and Duhat would be comparatively cheap to drill…..Duhat especially….
IF Hawkeye is a dud….I consider that Duhat has a high chance of performing when drilled….successfully. And cheap to exploit….EA could be a dud or a legend….but several targets to test….
So many possibilities….a decent revenue stream now….and only 9¢….
Yes, does need a good size Hawkeye discovery….I think I...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $122.8K | 9.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5956783 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14877106 | 20 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |