I think you are right Great Bear. This project is very remote in the NPR. Economics in the region dictate you must be closed to infrastructure and roads. Even Oilsearch is delaying ramp up of their project and cost overruns. Alaska has some of the worlds best oilfields, but unless you are near critical infrastructure they will be stranded. 88E good luck to them on the drill bit hope they flow oil....unfortunately it will be multi multil billions to work.. Ask FAR or Sundance shareholders how they are going!... This does not warrant a $300m market cap and they haven't even drilled or proven anything. Even if they hit oil not worth this!
LSE tonight, page-12503
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Last
0.2¢ |
Change
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Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $10.87K | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 75016937 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 603408764 | 231 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |