Always risk involved if they don't get commercial finds but I have liked this from day dot
- Great Potential Assets
- Cheap purchase price of assets while oil market was down.
- Large land holdings ... so in oil sweet spots or next hot spots
- Existing oil producing assets generating cash .... future infill drilling to boost production & cash
- Proven & experienced management >> old AUT board that got bought out at $4.50.
- Large amount of cash in the bank.
- Large line of credit facility .. up 75-$100m
Let the drilling begin & hoping for success.
Ann: US$75 Million Credit Facility, page-9
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $11.60M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $7.066K | 786.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2574850 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5757676 | 14 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ATS (ASX) Chart |
