Cheers Auto, I had forgotten about the offshore Myanmar permits. I will have to do a little reading to see what they are applying for.
Totally agree about the RSC marginal fields. From the presentations, there seem to be more fields than the 4 that are being focused on, does anyone know if there might be more that could become viable, especially if once production occurs, they could be tied in?
Cyber, I think that while 15mmbo might sound small, in actual fact, compared to many Australian listed Oil & Gas stocks, its fairly good, especially so when, as Auto mentioned, you look at the margins they receive. With 5 years of production available. I think from memory the sector average is around 3..? I will try and find a reference for that.
If I can give example of a different way of looking at ROCs 2P. Because their margins are much, much higher than most, proportionally, another company might have 30mmbo, but only be making half the margin of ROC.
Yep, I followed your comments on BCC. Like you, apples are not apples when looking at 2P between different companies.
Suchaslife, I think you have been around long enough to know that some dates cannot be 100% guaranteed to be hit. From your sentiment it has not stopped you being positive on ROC so...
Anyway. Does anyone know when ROC might be able to tell the market about Myanmar?
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Cheers Auto, I had forgotten about the offshore Myanmar permits....
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Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.08M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 56500 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 109321 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 56500 | 0.080 |
1 | 95896 | 0.078 |
3 | 102970 | 0.077 |
2 | 22213 | 0.075 |
2 | 21643 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 109321 | 1 |
0.085 | 10000 | 1 |
0.089 | 50000 | 1 |
0.090 | 125000 | 2 |
0.100 | 30000 | 1 |
Last trade - 09.59am 25/06/2025 (20 minute delay) ? |
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