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unlucky_bacs

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29/11/22

00:36

Post #: 65037697
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Originally posted by Minim Cove: ↑

Hi Max, I agree with your comment about the managements failure, however disagree strongly about the one half failed drill hole. I scored the drilling program 3.5 out of 6. If they repeated that process and outcome time and time again the company would still go broke even at $100 a barrel. Their drilling performance was far poorer when looking at most parameters when comparing Encanna's 2013/15 drilling performances despite having so much more data and technological advances at their access.
The oil production they achieved after spending $80 million dollars has been poor. IMO despite managements positive spin the facts are they have effectively proven that the concept to date does not economically work. This is why it is difficult for them to secure support to have another crack at proving the concept.

Let's get serious about analysing this stock guys.

Are people interesting in any more facts or perhaps in support of the companies price it best not spoken about!

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im interested in seeing what will happen
how long do we have left?
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ATS Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.7¢		Change -0.001(6.67%)		Mkt cap ! $9.226M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$1.437K	201.8K

Buyers (Bids)

No.	Vol.	Price($)
28	17888206	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1312536	4

View Market Depth

No.	Vol.	Price($)
28	17888206	0.007
10	8992157	0.006
5	2717900	0.005
4	3025000	0.004
3	3620000	0.003

Price($)	Vol.	No.
0.008	1312536	4
0.009	2753108	7
0.010	1852100	6
0.011	523888	1
0.012	675000	1

Last trade - 12.21pm 17/06/2025 (20 minute delay)

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im interested in seeing what will happenhow long do we have...

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