yes I thought the selling of the royalty for $3m was a good idea. I have twice written to COI and they seem pretty happy with their leases in the US and their team over there. Drilling CSG is a bit different to conventional and apparently a bit of a learing process. From reading the releases re change in drilling teams etc they are certainly learing a lot ....lol! However, having said that COI really does need to give the market more than promises. They need a good strike from at least one of their US prospects imo. I hold and think it is worth the gamble as the company have a lot of upside if and when at least one of there chickens come home to roost. S
oil and gas weekly, page-16
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $210.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $141.7K | 755.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 444783 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| COI (ASX) Chart |