Cashflow will come from the farm out of two conventional drills, early 2019.
They get something proven up on yukon and then sell it all off.
I think that gives the cash to pursue a horizontal one IW2. We need 12m$us net for that. 16m$ if BEX do not agree to pursue it, unlikely in my view. For me the big questions is will the two conventional drills now extend through the stacked layers into the HRZ?
I hope so it seems logical, yet logic applied to O & G is a very dangerous thing
ASX Today, page-11534
-
- There are more pages in this discussion • 1,222 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 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.871K | 1.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 237 | 229711066 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 542559084 | 199 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| 88E (ASX) Chart |