Management may have to change their stance on completing all the resource upgrading drilling before taking on an offtake.
I think it is a mistake, and the market has spoken.
Getting approval to re-enter an old oil well is one thing, but getting approval in a timely fashion to drill a fresh drill hole will take a long time if ever under a Biden administration, Joe Biden is boasting on national television about not allowing any new drilling and how there will be no new drilling while he is in charge, this rhetoric regardless of if it would effect a non-oil or gas fresh drill hole or not, would be causing a lot of concern.
I have a list of other concerns with how the company presents announcements with a lack of proper detail that I assume has caused some of the selling also.
The share price should have never fallen this low, quite disgusting and it has caused me to not trust what is going on in the USA.
Management may have to change their stance on completing all the...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $148.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $243.7K | 2.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1031794 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 290407 | 7 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |