100%, I believe this will be a commercial success. There is a lull at the moment, the "real game" is coming up soon. I am a bit puzzled as to why the materials were not already on site/in country since they had many months to get this organised whilst the rig was drilling for the 3rd party, but nevertheless, if the next drill does start in November 2023, then we have quite a few catalysts to look out for:
1) Alameda-3's "Alameda" flow test result
2) Alameda-3's "Marti" flow test result
3) Upgrade to Amistad's resources
4) Production Plan
5) 3D seismic announcement.
6) Commercial development announcement.
May Chart, page-11590
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $97.73M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $24.41K | 818.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1306831 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 20550 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |