In case anyone is wondering about the lingo, C1, 2 and 3 mean low, best and high estimate respectively.
Market is indifferent to the annoucement for two reasons:
1. No new intersections, so no NEW INFO re potential size of discovery, or size expansion.
2. The discoveries are still "Sub commercial." That means it's not commercial until testing and further drilling confirms it is.
Apart from that this is a great result. On time, under budget and a 2 from 3 strike rate.
Again patience is the key.
In case anyone is wondering about the lingo, C1, 2 and 3 mean...
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Last
$1.61 |
Change
-0.030(1.83%) |
Mkt cap ! $1.279B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.60 | $10.79M | 6.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 71002 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 41044 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |