DP has said it will be by Christmas. Someone spoke to him at the Noosa conference. So that's three weeks.
It should be tempered though, the market may well not get excited about it so it's not sure to drive the price up.
But we'll have a plan, my guess is a drilling plan, that could easily take six months to a year to complete.
What has moved the price this year has been the recording of a profit, released in March which drove the price from .011 to .015 by end of April.
If Brookside does drill half a dozen horizontal wells with a payback of six to nine months, by the end of 2024 we could be very profitable and I think by then the share price will react.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $37.13K | 3.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 568453 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 28081377 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 176786 | 0.012 |
38 | 38202199 | 0.011 |
15 | 17940061 | 0.010 |
10 | 5820014 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 28081377 | 35 |
0.014 | 20994930 | 15 |
0.015 | 5699382 | 13 |
0.016 | 2516438 | 11 |
0.017 | 11626445 | 8 |
Last trade - 15.17pm 26/07/2024 (20 minute delay) ? |
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