They have massive financial obligations in the Philippines now that Vital Resources has opted out of the farm-in deal , so plenty cash required for seismic and rig build , let alone drilling costs. Shares on issue could blow out considerably from here unless a credible new farmin partner is found very soon....imo
Argentina will also pose a short-term cash call headache so all eyes on Alex to see if he can 'tap and dance' his way thu...imo.
Good Luck to holders.
SALTY
They have massive financial obligations in the Philippines now...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.9K | 491.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 12272711 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4964014 | 9 |
View Market Depth
| Last trade - 10.06am 19/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |