The very strict border restrictions in WA are delaying a lot of oil and gas projects .
A delay in the Cervantes drill would not be a bad thing imo as the pathway to sell oil out of the Perth Basin has no clarity at the moment .
A solution will definitely be found but it is certainly not clear what it will be .
My best guess is it will be an export terminal at Geraldton but that would I think require storage to be built at the port .
Even if the delay was until after revenue from gas started it would not be a bad thing .
We need the other catalysts promised for the Gas assets to come soon as we seem to be drifting backwards at the moment .
News: VEN Vintage Energy Gets Firm Commitments For A$8.5 Million Via Share Placement, page-59
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $21.70M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $36.54K | 2.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2490053 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2000000 | 2 |
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| Last trade - 15.58pm 30/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.2¢ | 43616 | ||
| Last updated 14.37pm 30/05/2024 ? | |||||
| VEN (ASX) Chart |