Concur Dargie
As I have said before DS is a lawyer and lawyers don't pose a question that they do not already have the answer to. So I don't doubt the upgrade, myself. The timing is entirely another matter.
On the question of size, then Digger has always stuck to recovering the original potential reserves in place number of 64M bo and it appears that the wells are being managed well enough to reach that figure, in time, with the POO (Tapis) over NZD150 per barrel - you can pump a lot of water for that.
The best part of the continuing productivity of Tui for NZO is that there now appears to be only a minimal reduction in revenue before Pike River and Kupe start producing.
The flood of good news for this company makes that probable final June 30 full year dividend almost a certainty, and early announcement just a formality - a requirement of keeping the market fully informed.
latest production figures, page-11
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $83.98M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 36.5¢ | $7.879K | 21.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26695 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 142 | 1 |
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| Last trade - 15.33pm 15/11/2024 (20 minute delay) ? |
| ECH (ASX) Chart |