##""Unfortunately with net interest costs still around $1.5M per quarter that's still not enough to turn a net profit, which shows the importance of getting new gas revenue.""##
Agree with you and it is a very good point. But, correct me if I am wrong here, to get new gas revenues, shouldn't we start doing some drillings to discover new gas fields or at least engaging the services of some workover rigs and doing some work in our old well to see if we can increase their production.??
No use signing on the dotted line of some GSA if we haven't got the gas to supply in the first place, or to keep on supplying it.
To date, none of this has been released/announced to the market. So we are still in Limbo.
Quarterly report imminent, page-9
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5.3¢ |
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Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| CTP (ASX) Chart |