"It may not be a bad deal if 10 Mil to be spent in developing other interest."
They will only get 10 mil if ERM exercises the option and they will only exercise the option if there are commercial quantities of gas. And in this case, if ROG had held on to an interest, it would be worth more than 10 million
So we as shareholders must sit around another 10 years while they develop " other interests"?
"It may not be a bad deal if 10 Mil to be spent in developing...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.53M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $182.1K | 22.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 36939618 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 11435752 | 15 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ROG (ASX) Chart |
