Pumping Leonis to me is a smart company move, if Hickory-1 fails to be commercial oil, then investors can see that there are other works planned, however all this can change depending on the results. if Hickory-1 turns out to be Talitha-A, then the road map can take a considerable change to focus commercialise Hickory-1 as soon as possible thus allowing income for the company.
building a road to site would take no time, setting up infrastructure would also be a piece of cake so that potentially allows all year round access with a possible 1-2 months of work.
I own stocks in another penny exploration company that went from 2.5c (when i bought) to 10c (still holding) and as soon as they discovered a certain deposit, all other projects stopped.
Pumping Leonis to me is a smart company move, if Hickory-1 fails...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $61.94K | 27.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 606 | 890585595 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 440077690 | 107 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.3¢ | 0.2¢ | 2479358 | ||
| Last updated 15.50pm 14/06/2024 ? | |||||
| 88E (ASX) Chart |