Good summary, Noel. Two k down, there will almost certainly be further down-hole issues, but so far the technical guys have been up to every challenge. It’s easy to forget this is pioneering stuff we’re doing and so far we’re doing it bloody well. Commercial flows will be a red-letter day worth celebrating ... for more reasons than just our share price.
Speaking of which ...
The market is risk-averse in the extreme at the moment, meaning there is no sign of FOMO and little sign of value being ascribed to each milestone or technical achievement. It seems only a verified declaration of commerciality will bring a price rally ... but it could be a doozy when it comes.
I’m with you, Noel, I’m optimistic about Jaws. WE? Toss of a coin, I reckon.
OOO
Ann: Clarification - ASX Announcement 14 January 2019, page-9
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Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $615.6K | 2.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 862958 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1640055 | 14 |
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