When is this expected now? Approvals were in December if I remember correctly. Last raise in August has surely been used up by now, let alone cover our side of the drill - when's the next raise/finance package to drill Borba going to be announced? Gas prices have fallen so I wonder if the economics have made parties rethink this one for now. To be balanced I think the dry well cost of $4.3million will fall as more rigs become available during this downturn...
Still 16 potential gas bearing zones. Dempsey produced 1mmcf/d from the shallowest so that should be the minimum here, right? Definitely potential here but I guess you could say that about a lot of shares right now...
Borba Drill
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Mkt cap ! $4.678M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.7¢ | 0.5¢ | $47.20K | 7.318M |
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| No. | Vol. | Price($) |
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| 4 | 5153603 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 470000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| 0.6¢ | 0.7¢ | 0.6¢ | 2513599 | ||
| Last updated 14.18pm 03/05/2024 ? | |||||
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