farming out Mukuyu now might not be the best timing - still a fair bit of uncertainty which a farminee will use to hammer down the price.
we really need a flow test to give a feel for production in the UA.
we need the LA intersected and tested.
Also need 3D seismic to aid in mapping the fluvial channel deposits that make up the reservoirs.
It seems the company has the money for that work now. Should just be a matter of bedding down procurement and scheduling of the fwd work programe, before announcing.
That said, it may be the co is progressing farmout of the non Mukuyu prospects.
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Open | High | Low | Value | Volume |
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3 | 159345 | 0.070 |
2 | 86992 | 0.069 |
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5 | 378731 | 0.067 |
Price($) | Vol. | No. |
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0.075 | 203333 | 2 |
0.078 | 115267 | 1 |
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