I wouldn't sell until at least the infill well is drilled as that could add 600k-800k barrels at a few hundred per day based on previous announcements. that's a game changer for a stock with a $4m market cap and cash flow positive.
Last QTR was a $95k after all costs incl exploration, admin, staff costs etc. Given exploration or payment of the Smak Dixon is probably this qtr rather than last, as forecast, i'm expecting a surplus of say $200k, possibly a bit more.
I wouldn't sell until at least the infill well is drilled as...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.380M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $343 | 114.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 22718675 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8602585 | 16 |
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| Last trade - 12.55pm 21/11/2024 (20 minute delay) ? |
| GGE (ASX) Chart |
