I'm with you Swatchy; there's far more evidence to suggest hydrocarbons than there is for water. Gas shows in mud, and oil downdip (presumably within closure) create a strong although not definitive argument. And while a little frustrating time-wise, as an Arc shareholder I am happy they are focussed on the bigger picture and have the rig working elsewhere while the testing is going on. One or two weeks shouldn't hurt. In the meantime, I assume farmin discussions on EMR's adjacent block are probably already happening which shouldn't hurt EMR's share price going forward.
vugular and cavernous, page-8
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Last
$3.49 |
Change
-0.140(3.86%) |
Mkt cap ! $2.293B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.66 | $3.49 | $49.57M | 14.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13008 | $3.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 29569 | 3 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |