All very positive IMHO
Farming down SC54B greatly reduces the risk of the Gindara drilling. As Tindalo has shown, things don't always go as expected & having an experienced partner like shell can only be good and it gets drilled next Qtr.
Tindalo also sounds positive, they have found the problem and it appears it can be fixed. If they can get it flowing at a good margin, all previous costs will end up being paid for by way of reduced tax on profits. Would be interested to hear Oilman or P1000's comments.
Galoc - anyone watching the weather charts will know there have been a few typhoons in the area & that is to be expected this time of year.
shell on board, page-11
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Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 650 | 78.5¢ |
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| Price($) | Vol. | No. |
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| 79.5¢ | 6000 | 1 |
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