In a few months with no positive news all the JV partners will be trading at sub 10c. It doesn't matter who drills how many holes in the Austin Chalks it is only when TCEI gets a major flow of gas or oil out of our 20,000 acres that we really care about. For a supposed 3tcf gas/500mb oil field it is playing hard to get and I wonder what percentage of this huge resource they can actually recover.
With EKA missing out on holders converting their options(missed out on $8m) we may have one partner struggling to meet its committments to continuing funding of wells.
In a few months with no positive news all the JV partners will...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
0.000(0.00%) |
Mkt cap ! $907.3M | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.88 | $2.84 | $717.5K | 250.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1207 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 7984 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DXI (ASX) Chart |