a must listen for anyone holding oel.
first payments galoc early dec and every 30 days thereafter around $4M-$5M/month.
galoc debt $19m being paid off at $4M/month, galoc to last about 7/8 years (reserves being reassessed after 3/4 months)
farmout negotations to be completed this year-early next.
galoc 14000 b/day slightly choked back for reservoir management with potential to be slightly opened up in the future.
cash @ 31/10 9.5 mill
cheers c
boardroom radio
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $104.4K | 8.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 10331121 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 9494694 | 17 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |