My comment about the production problems was to do with the regularity with which they happen: August 2020 - March 2021, August 2021 - January 2022, April 2022 - ...
They promised easy win production increases - including from the existing reservoirs ... looks like all spend in existing reservoirs is in maintaining some semblance of production levels.
I know it is small cap, failures are often the norm, but to be this epic for over 20 years ... the amazing thing is they keep on being able to convince punters (sorry, Sophisticated Institutional Investors) to keep on giving them 12 months of meal tickets at a time.
Romanian well technical report, page-18
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $22.99K | 230.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 59365 | 2 |
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| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| ADX (ASX) Chart |