U see the CEO of Ophir Energy Nick Cooper commented on Sunbird saying it was non-commercial. They own L9 next door
To be fair BG said he can't comment because he's not a partner but u would like to think all these guys know what’s going on. I'm not very confident on the end result myself now.
Can I ask "Wasabibarako" why u are sooo positive on Namibia? What happens if Tullow do their 3D study and decide "no thanks" would could easily happen?
I've said before and I'll say it again. This is a company RUNNING out of valuable, tangible assets. We could possible lose L8 and L6 Kenya if we aren't careful. What then? Not to mention the fact that its running out of cash. There are some VERY VERY good reasons why this stock is 4.5c and you can make a good case that its expensive. Unless it gets a "commercial money in their pockets" find it will only continue to decline
ophir energy ceo recons non-comm
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $154.5M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $155.9K | 8.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 8322268 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 2862055 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |