It’s not binary, the flow rates and other testing will just help determine how many wells are required and help refine field options and costings to then go into feed and fid they won’t prove that the field is either perfect or uneconomic and worthless ie we are only worth cash backing. There May however be an unrealistic reaction from the market up or down which could provide some buying and selling opportunities.
High (Binary) stakes on D3 Flowtest, page-12
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.073M | 6.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 490498 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1505581 | 16 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |