You might have thought the ann was good, but there probably were others expecting more.
G6 flow rate of 3,800 bopd (56/64 choke FTP 570psi)...and this contains the 260m very high qual section...is well below the G5 flow rate of 6,300 bopd (64/64 choke FTP 830psi).
Clean-up test flow rates for G3 (5,397 bopd 48/64 choke) and G4 (6,465 bopd 52/64 choke..no FTP's given) were superior to the current G5 and G6 rates, but that is to be expected as a difference between a fully pressurised reservoir and after it has already delivered > 10 million barrels (against 1P and 2P estimates)...and no artificial pressure has yet been introduced.
Eventually the mkt will recognise that the combined flow rates will allow 12,000 bopd which will triple current revenue.
There were only three dumps this morning, 1 x 500K, and 2 x 250K...1 million all up. They are entitled to their opinion, as they are to sell.
It may well be being held back, but then again it may not. As we are not seeing buyers climbing all over it and it still doesn't rise, it probably isn't being held.
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You might have thought the ann was good, but there probably were...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.74M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $19.49K | 1.708M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 12087762 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1134045 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 10087762 | 0.011 |
9 | 16557452 | 0.010 |
1 | 100000 | 0.009 |
3 | 1495122 | 0.008 |
2 | 550000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1100000 | 1 |
0.013 | 13720103 | 12 |
0.014 | 10404235 | 11 |
0.015 | 4127000 | 5 |
0.016 | 2714285 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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