The SP might fall to below 3c which means far too much share dilution if they want to CR for a multi fracced horizontal/high angle well next year.
They have about $A10 million in the bank, so no immediate need for a cash call.
JV would help, but large companies usually take months to decide whether to invest more in the Taroom Trough.
Investing at this time seems like too much of a gamble?
The SP might fall to below 3c which means far too much share...
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 (20min delay)
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $46.18M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $28.51K | 862.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 742381 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 405008 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EXR (ASX) Chart |