Hopefully any new aquisition deal will be struck such that funding won't be immediate. Once the two wells prove themselves during production testing, then my view is that the company will get bank funding. This means no dilution, and a short term loan which gets paid back once options convert. Even without options conversion, production revenue may be sufficient to service a loan. Maybe.
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.67M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 200000 | 1 |
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| Last trade - 16.21pm 02/07/2025 (20 minute delay) ? |
| JPR (ASX) Chart |
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