You'd think having spend $35M on a survey it would rate a mention in the WDS 2nd quarter report
Notable is that WDS are happy to report on alternate energy solution that they working " to progress its plans to develop" or "Continued to progress engineering and marketing activities and required approvals" surely the work being done on Saturn is at equally progressive stage to rate a mention.
Spitballing here - could this delay in the Namibian Mines sign-off on 3D access be due to a "super major" exerting influence and looking to push WDS out of the opportunity. With the GALPs success the area has been further de-risked and now would be an opportune time for one of the whales to say to the Govt we got your back well beyond what a sprat like WDS can offer, as in all likelihood if this is as big a field as many believe then it is well beyond WDSs balance sheet to bring it to fruition and will look to sell down at some point. The $35M spent to date by WDS is titty bar expense change to the whales if Saturn is the next Guyana.
PCL is still the 80% holder it matters little to us who wants the pie as long as us shareholders get a slice.
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You'd think having spend $35M on a survey it would rate a...
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Last
1.1¢ |
Change
-0.001(8.70%) |
Mkt cap ! $85.43M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $57.00K | 5.250M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 15107773 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 3057189 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 14907773 | 0.010 |
18 | 9181912 | 0.009 |
18 | 4232862 | 0.008 |
6 | 2359691 | 0.007 |
6 | 11048332 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 3057189 | 5 |
0.012 | 3615948 | 10 |
0.013 | 3509261 | 7 |
0.014 | 2958742 | 6 |
0.015 | 1371302 | 5 |
Last trade - 15.32pm 24/06/2025 (20 minute delay) ? |
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