My understanding is that NDO calls existing jv participants together, explains the farmin terms requested by major, and when all the horse-trading is done all jv partners agree to drop by a pro-rata of their existing interest until 50% can be released to the major. Only one major would farmin. If KIK for example had another competing proposal (farmin partner) to bring to the table that would be weighed up as well. But only one deal would be done, NDO's or KIK's, not both. That's what I think based on what I've seen of these arrangements in the past. Other opinions welcome.
- Forums
- ASX - By Stock
- RPM
- sc 54 farmout
sc 54 farmout, page-3
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RPM (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
0.001(1.32%) |
Mkt cap ! $19.42M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.3¢ | $36.17K | 489.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26600 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 93871 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26600 | 0.076 |
1 | 60000 | 0.075 |
3 | 231838 | 0.074 |
2 | 947672 | 0.073 |
2 | 53000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 93871 | 1 |
0.080 | 138888 | 1 |
0.082 | 115036 | 1 |
0.084 | 62500 | 1 |
0.089 | 210000 | 2 |
Last trade - 15.43pm 30/08/2024 (20 minute delay) ? |
Featured News
RPM (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online