Latest announcement detailed 4 months grace with 8 * $1.375m to follow - fully executed. They can service their liquidity arrangements; the only kicker is if a project i.e. SM71 falls over for whatever reason and they haven't got the cashflow that they were expecting. That's the beauty of good relationships though - they give you options and flexibility.
Here's hoping that OEL get a decent project lined up soon. If nothing else we have the Bulleit re-do to look forward to. Even though it will be underwhelming compared to initial projections, it's still a good chunk of cash projected to come in.
Latest announcement detailed 4 months grace with 8 * $1.375m to...
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Last
1.3¢ |
Change
0.001(4.00%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.30K | 928.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12178633 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14057138 | 21 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |