consider:
over the next 18-24 months, most of the cash, and all of the debt will be spent........forward EV circa 1.1bn
what does this imply for "financial risk"
over the 24-36 month period - the operational risk will then start to decline (start of having production history)......
upside:
expl success to the South - TBC for timming
reserves upgrade - post 12-months of prod history ........
downside
any capex o/runs
any delays
any chg to junior debt terms
oil price...
and people wonder why the share price doesn't move
lolz
V_H
Shareholders stymied, page-26
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.0¢ | 46.0¢ | $39.06K | 84.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 144838 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 58079 | 4 |
View Market Depth
| Last trade - 15.17pm 18/06/2024 (20 minute delay) ? |
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Last
46.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 46.0¢ | 46.0¢ | 46.0¢ | 20000 | ||
| Last updated 10.59am 18/06/2024 ? | |||||
| FAR (ASX) Chart |