Flight500, I believe that there is only a 50% chance of a definitive result from this nitrogen job. It is still likely to need a coiled tubing unit for the JV to be certain. Not sure why they haven't gone straight to ctu, but I think cost had something to do with it. Couldn't imagine it could have been non availability as they had almost a year to get it organised.
They COULD get a positive result for one tenth the cost so I suppose that is a business decision that makes sense even if it is extremely frustrating for shareholders.
stokes bay update, page-4
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.73 |
Change
-0.120(3.12%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.82 | $3.72 | $6.231M | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 775 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 7625 | 3 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |