$15m will be retained for a while yet.
Govt of Madagascar needs to approve first to be unconditional, at which point PVD will reimburse Sterling US$1.25m - could take a couple of months.
Estimated 2D seismic costs at approx. + US$2m to be outlaid in 1H 2014 (3-6 months away).
3D seismic out for tender following that. Estimated to be in 2H 2014.
Know anything else happening around that timeframe? I doubt shareprice will be anything less than double what is is now.
Massive wealth creation in the making here. Very canny management.
why are people selling???, page-7
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $9.665K | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8153126 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5472839 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| HHR (ASX) Chart |