I think their plan would be to negotiate a farmin with a big company as soon as the permits are formally issued. The farminee would then want a say on the way forward and would be expected to make a major contribution to costs Including seismic and well costs.
The farmin will likely happen fairly soon when the permits are issued, and will be the first major boost to CEL's value. The next real high impact value driver will be next year when the first well is drilled and tested. It is also worth considering that there will be sweet spots on the permits that may contain conventional oil and gas and will not need fraccing.
We will just have to be patient with this one.
- Forums
- ASX - By Stock
- Regulations getting close
CEL
challenger gold limited
Add to My Watchlist
1.16%
!
8.7¢

I think their plan would be to negotiate a farmin with a big...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8.7¢ |
Change
0.001(1.16%) |
Mkt cap ! $179.8M |
Open | High | Low | Value | Volume |
8.6¢ | 8.9¢ | 8.4¢ | $205.7K | 2.376M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 236438 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 410381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 236438 | 0.084 |
1 | 10855 | 0.083 |
1 | 7000 | 0.082 |
2 | 112300 | 0.081 |
1 | 75000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 410381 | 1 |
0.088 | 149032 | 1 |
0.089 | 540499 | 3 |
0.090 | 91782 | 2 |
0.091 | 25000 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
Featured News
CEL (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online