2 mm cu ft / day at a price of say US$6.50 / 65% would give a cash flow of $AU 4m pa
Now that’s from one intersection in one well alone………….plenty more to come!
Well here is a very astute, intelligent and most canny Otto shareholder making a very smart decision pondering this announcement………..
very good flow rates
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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¢ | $3.938K | 325.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7769291 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12228565 | 19 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |