Good to see old mate now realises we are a non operator .....
1) PANR share volume currently sitting around the 5-10M shares a day - wouldn't take more than a few days to sell our 14.3M shares on market if required - worth noting a major shareholder has sold a fair few PANR shares in past weeks and months during which time the SP has doubled .....
2) Drilling plans L#3/L#4 CY 2022 - GC#21 remediation mid-2022 -
3) Top heavy management earning $4M year or less than ~15% of the next years expected FCF ....
4) Non operator - good to see you have done some research and realise we are a non operator than a non producer.
5) Shareholder is a billionaire - has bought in MD to achieve liquidity events which are 50%-150% premium to current SP.
6) Not sure but in my world a 50-150% premium to current SP can be considered a fairly sound return on investment from the current SP levels.
7) GC#21 remediation costs expected to be $4.75M net to OEL. OEL current net cash balance ~$5M with its liquidity position growing $80k day ($2.4M month). Not sure this will be a problem ..... quite ironic a BYE holder coming on here to highlight OEL will have an issue affording a recompilation next year when they don't have enough cash to pay for their current drill .....
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $47.16K | 3.961M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4125287 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 16783875 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4125287 | 0.012 |
13 | 12695005 | 0.011 |
19 | 23116232 | 0.010 |
5 | 6792000 | 0.009 |
4 | 470247 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 16783875 | 23 |
0.014 | 4915902 | 10 |
0.015 | 5327000 | 10 |
0.017 | 72000 | 1 |
0.018 | 209912 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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