Ok we like Gregor cause he is technical and analytical but he obviously needs some luck if he is going to execute the coup of the century. Firstly he has Duhat to drill which is a little gem with some probabliity of success? The prize is 20MMboe onshore and close to shipping so yes it is worth chasing. This is the best chance OEL has to go ballistic!
However he is short of cash with about $60 mil required for OELs share of GalocII and some $10mil for Galoc Nth he is going to need to raise some cash from us. I'd prefer if he raised it now as I've money set aside and I would like some more cheap OEL to top up my portfolio.
What will happen with Cinco - don't care! Tanzania well nothing this year. Lampos - farmout required.
Ok we like Gregor cause he is technical and analytical but he...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $48.19K | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 10476011 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 16762591 | 22 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |