I disagree. They completed a very detailed seismic program, made a one off debt repayment, and got hit with the move in AUDUSD. Not sure how that's burning cash. I consider these one offs and if looking at the quarterly burn without them it's very minimal. they have ample cash for upcoming drilling ? options expiring in Sept that if exercised bring another $11m Aud on the books. incredibly comfortable with this stock at the moment ... management are delivering on the clear strategy they've laid out.
I disagree. They completed a very detailed seismic program, made...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $169.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $1.135K | 6.485K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22036 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 240000 | 2 |
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| Last trade - 10.02am 07/05/2024 (20 minute delay) ? |
| EEG (ASX) Chart |