Carabaea
Yes GPC call the shots as majority holder.
I was refering to past tense.
At the time GPC was in debt & repaying was its only priority.
So NDO have gone and done their own research because GPC wouldn't (at the time).
I could only assume its part of NDO's appraisal on wether they take part in phase 2 or sell out to maybe fund the other projects or debts etc.
Since then GPC has now repaid it's debts & oil prices have risen.
I think the reserves NDO announce will hopefully benefit everyone & all systems go for phase 2. Time will tell
galoc reserves update soon?, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $11.16K | 879.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7533795 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11016129 | 18 |
View Market Depth
| Last trade - 15.05pm 03/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |