I was very happy with the previous CR because the market was really getting excited and there was a long way to go before substantial gas reserves would be tested or booked. Dilution was favourable and I participated just to be able to say I was in it with the company and then later I purchased on market to negate the high average I had got from that. My average is still below 5C.
They haven't mentioned much about the gas engine power plant for a while but if Nomgon flows commercial gas rates, do you believe it's a simple 6 month job then to install that plant? I know project wise it's very simple.
Probably biggest part of it is the network connection and then the costs to drill a dozen wells and their gathering infrastructure to get going. Unsure about the permitting from Gov, along with the actual capex costs. They won't be reinventing the wheel though.
Add on: I see what you mean with a smaller certified resource size for transaction pricing and being able to get a sale amongst the world goings ons. A sale at 6000PJ would be sizeable and a great result for SH's. One in the hand...worth two in the bush.
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $173.5M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.5¢ | $405.5K | 2.754M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 373237 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 746193 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 373237 | 0.145 |
20 | 1290732 | 0.140 |
15 | 1173925 | 0.135 |
19 | 1181545 | 0.130 |
11 | 1676900 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 746193 | 7 |
0.155 | 178061 | 6 |
0.160 | 579556 | 9 |
0.165 | 315000 | 6 |
0.170 | 222276 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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