The Pani lease has value but its location surrounded by J Resources makes it very difficult to develop. J Resources needs to be involved somehow and this is what I thought was happening about a year ago. OAR has since changed their tack and approached it differently, and it is this that I believe has seen it go pear shaped. Provident are well known in Indonesia as being opportunists but they do have some heavy backers and will follow it through. In this case 30c in the $1 is better than nothing.
Awak Mas is a different beast and has no land issues that I am aware of and the latest FS has indicated it as economic. Its development will no doubt be at least stalled given OAR have no funds and staff to progress it any further
The Pani lease has value but its location surrounded by J...
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Last
95.0¢ |
Change
0.020(2.15%) |
Mkt cap ! $134.0M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 96.5¢ | 93.5¢ | $179.6K | 189.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10449 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 20000 | 1 |
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| Last trade - 15.59pm 17/06/2025 (20 minute delay) ? |
| LSX (ASX) Chart |