From the Prelim Final report
Does anyone know if the option has been exercised ?
"On 16 June 2006, Geodynamics entered into a Deed of Settlement (Deed) with Century Drilling Limited
regarding the loss in October 2004 of part of the drill string used on Habanero #2 (refer to the 2005
Annual Report and December 2005 Half Year Report for further background). Under that Deed,
Geodynamics has been granted a call option to engage Century to provide future drilling services to the
Company. If Geodynamics exercises the Call Option before 31 August 2006, and provided a Drilling
Services Agreement is entered into within 14 days of exercising the call option, Century is required to no
later than 5.5 months later deliver a rig to provide drilling services, If Geodynamics does not exercise the
call option by 31 August 2006, it is required to pay Century $300,000 by 14 September 2006."
- Forums
- ASX - By Stock
- to start drilling again soon
From the Prelim Final reportDoes anyone know if the option has...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNE (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $3.267M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $3.838K | 772.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 9841895 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4398740 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 9841895 | 0.004 |
17 | 6781358 | 0.003 |
6 | 3519586 | 0.002 |
6 | 10800004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4398740 | 7 |
0.006 | 6857557 | 7 |
0.007 | 894338 | 3 |
0.008 | 849165 | 4 |
0.009 | 709176 | 1 |
Last trade - 12.43pm 29/07/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |