Don't forget when working out how much cash they will have to drill new wells you need to allow for overheads.
Last year they spent approx $8M on Admin, Finance, consultancy and Misc.
You could argue some of this is one off costs but I always assume one off costs generally occur again and again.
I was going to buy back into the stock until I saw the Dec Actuals but will hold off for now as I think the overheads are currently too high.
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.833M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $14.95K | 4.984M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 20004478 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3188986 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 20004478 | 0.003 |
8 | 21083666 | 0.002 |
4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3188986 | 4 |
0.005 | 4550000 | 6 |
0.006 | 7027961 | 6 |
0.007 | 4301142 | 3 |
0.008 | 5000000 | 1 |
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