Hey folks, settle down. We are having a fundamental analysis discussion about Galoc and how it affects OEL and NDO.
May I say though that reserves assessments on abandoned projects are about as much use as toilet paper. Until someone actually fronts up with a large sack of money for each and every JV partner and physically develops the projects and turns the reserves into cash - be they OEL projects or NDO projects (I am not discriminating here) - then it is worth buttkiss.
If you can't contribute to the fundamental analysis discussion on this string, then start another string on a different valuation methodology and talk about it there.
Now if there is anyone else who wants to talk about the fundamentals, please step up and make a positive contribution. (As a useful guide have a look back at Ozgems initial response to see how to initiate a proper discussion.)
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Mkt cap ! $47.95M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 9366232 | 1.0¢ |
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Price($) | Vol. | No. |
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1.2¢ | 4532067 | 7 |
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No. | Vol. | Price($) |
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9 | 9366232 | 0.010 |
4 | 6650000 | 0.009 |
2 | 245123 | 0.008 |
7 | 1836283 | 0.007 |
2 | 1666672 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4532067 | 7 |
0.013 | 14117765 | 18 |
0.014 | 5516336 | 9 |
0.015 | 4859572 | 9 |
0.016 | 48000 | 1 |
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