We have a few things going for us on the market level
- Russian crude set to drop by 1M barrels this year
- Current UK proven reserves sitting around five years total output
- US fracking growth is down
- Russian Oil ban in force February 5th
- EU diversification
- US restock of SPR
When you take a step back and look at the macro situation it starts to make a little more sense why the US is about-facing on Venezuela energy sanctions, and the UK has initiated it’s largest exploration block released in ~ four years. I hear the FDR team is working extremely hard, I’m sure it has nothing to do with analysing all those UK block tenders
I increased my holding to 6.95M shares, roughly 4% of company
GLTA
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16523 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 20307 | 2 |
View Market Depth
| Last trade - 16.12pm 13/06/2025 (20 minute delay) ? |
| FDR (ASX) Chart |
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