Great effort Bellas, very good instalment!
Strikes me about Posiedon in that apparently Mark Smith states the next two weels are required to ascertain 6TCF or at least that is what I think you are suggesting? Then it is still generally accepted we will end up with 20TCF down track!
I would have to agree with the share price at the moment if we still have no idea to have any more than the minimum 3TCF at this point and then at least a firm idea we have an LNG project. I would suggest we are overpriced as there still is not much apparent cred for Brazil and Peru IMO
So just wonder about it all as seems the posiedon structure is way more complex than other exploration holes around the place. KAR/COP drilling many wells to understand the field when others appear to drill just one! I wonder how many INPEX drilled next door plus BHP and Woodside ...just cant remember the names of the fields around us but appears their projects are still moving way faster...could be wrong and most likely are?
who's at the agm & can fill in some detail?, page-36
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Last
$1.38 |
Change
-0.025(1.79%) |
Mkt cap ! $1.071B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.37 | $3.804M | 2.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38853 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 16869 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |