Looks like the recent vids missed the mark with punters. Main thing lacking is a drilling program.
We've done to death the comparison with BYE, but I do note that despite currently unknown funding terms, BYE have a confirmed well by August, and potential (pending funding) development wells in Q4. Given BYE's priorities we can forget about SM71 F5 for CY 2021, so its possible Lightning well/s in 2H CY 21 and/or an acquisition.
With our apparent no need for external cash for known activities, I have wondered if the recent PR vids are to pump the sp ahead of some corporate action like a CR(heaven forbid) scrip offer, or merger. If thats the case, it definitely hasnt worked.
Wrt E's observation about the sp not moving in the last year despite higher POO, well USD40m blown on GC21 for Net 70boepd and delaying the remediation for 1 year will do that to a sp.
- Forums
- ASX - By Stock
- OEL
- Crude Oil
Crude Oil, page-72
-
- There are more pages in this discussion • 208 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
Add OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $4.537K | 348.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 12486048 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 14711861 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 10922048 | 0.012 |
7 | 4831817 | 0.011 |
7 | 14275452 | 0.010 |
2 | 1375122 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 10753957 | 11 |
0.014 | 5358893 | 11 |
0.015 | 4656622 | 5 |
0.016 | 2000000 | 1 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |