kit67,
Wireline itself isn't a long process and takes less then a day, the issue comes down to interpretation of net/gross/fractures etc and then compiling a report. If it's straight forward homogeneous rock with oil/gas then it's likely 2-3 days to get an announcement out. If it's complex then it's likely 3+ days and even then it's open to change on lab results from cores. Understand what constitutes productive rock with porosity/permeability/fractures/pressure/api or gas/oil is complex and these things can change based on many factors.
There is a lot more that goes into these announcements then what we share holders see.
best of luck holders.
kit67,Wireline itself isn't a long process and takes less...
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $181.9M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $284.2K | 5.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 375663 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 209090 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.4¢ |
Change
0.000 ( 2.53 %) |
||||
| Open | High | Low | Volume | ||
| 5.4¢ | 5.5¢ | 5.3¢ | 2178512 | ||
| Last updated 15.34pm 30/05/2024 ? | |||||
| MAY (ASX) Chart |