The imminent revenue from gas sales in Tanzania will hedge a fair bit against the oil price drop when looking at overall revenue for BUY.
The risk is more in the impact on future oil exploration, eg Azalea prospect. It will make it difficult to find a farmin partner and if one can be found the terms would be less generous for BUY in the present market.
Fact, page-14
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.492M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $5.364K | 1.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 878900 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3820465 | 8 |
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| Last trade - 14.55pm 03/10/2024 (20 minute delay) ? |
| BUY (ASX) Chart |