Most here have seen this chart before.
Any of the medium to long termers anyway.
I have been trying to figure out is there any reflection between the Chinguetti discovery and SNE
by comparing share price histories. I was surprised to find that there seems to be.
I have rounded up the sequence of events to correspond to the SP appreciation.
Added in some of my own estimations as to the timelines I expect going forward.
Chinguetti SNE
Discovered: May 2001 Nov 2014 Spike in SP similar to FAR as shown
Appraisals: 2002/2003 2015/2016 2 yrs after discovery SP is almost same as B4 discovery
Development(DOC): Early 2004 Early 2017 SP gradual rise pre DOC from 40c-60c then spiked on DOC
Phase 1 Dev fin: End 2005 2018/Early 19
First oil: Feb 2006 2019
The timelines are stacking up very similar as can be seen.
The Hardman SP quadrupled the 6 months following DOC.
I dont know how they financed the costs for the development, maybe someone can fill that gap in
as that will also have a major bearing on the SP?
Even though the SP is frustrating at the moment it has taken a similar path to that of HDR.
Anybody who can find anything else of interest or knows how things unfolded with financing
would be interested to hear.
Shit layout oh well
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Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 96060 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46081 | 0.505 |
2 | 70000 | 0.500 |
4 | 83693 | 0.495 |
1 | 5000 | 0.490 |
2 | 92553 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 96060 | 2 |
0.525 | 19005 | 2 |
0.530 | 1005 | 1 |
0.550 | 27285 | 2 |
0.555 | 10000 | 1 |
Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
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