Member Info for gordon1237

Usually around the last working day of the month.
Not normally anything we don't know. Was hoping we might get some sort of indication of remaining cash but that might be difficult as we won't know how much they have spent on the refrac this month.

Seems a bit odd that there is anything left of the first raise . Given that they have raised again since, you would think that they would have used all of the earlier cash first.

Found it in the old oex rns's. That 10 % was at the same time as, and in addition to the original larger raising for the refrac in January 2022. There has of course been another raising since. So the upshot is that we cant tell how much they have left overall. Even the q3 report will be a month old and we wont know how much they have spent since.

Reading it again, it is now more confusing
That clause refers to a raising under the 10 % rule in Jan 2021 but it then talks about how much they have left of the refrac raising which was a separate
event. Might get a better idea from the quarterly report, out soon.

Well spotted buci. Yes it looks like they are saying they have A$800 k or about £450 k left of the cash raised specifically for the refrac. Can't tell whether that's all they have. There may be cash in other "pots". If that's all, it's enough for a few months. Hopefully, they can get the c77 flow rate up enough to minimise the cash burn. Gla.

out on asx. Usual stuff. Adoption of remuneration report, appointment of directors and ability to increase shares by 10 % without reference to shareholders. I think that last provision is there every year.

Sweeping it. Lol.

Ah. With a sense of humour like that, you should be on the stage.

Yes VF. Only very occasionally is the volume on asx high enough to be taken seriously. Like when the big news broke in April 2021, it was 300 million.

Fair enough. Didn't know you could get that sort of detailed linfo. Wouldn't read too much into it though. It has been at that level a few times anf most of the time the market is pretty illiquid. Quite often zero, or close to it traded. Atb.

Not sure what you mean there buci. It dropped from 0.25 to 0.20 cents, equivalent to 0.11p so slightly higher than here, and a price it has been a few times over the last few months. There were 20 million shares traded, well above recent times.

Like it Callum. The shortest serving prime minister in history, by some margin.

Someone just bought 2 million at 0.0991. Bloody hell.

Maybe, but the 10 million one is definitely a sell. Meanwhile, another new low. Looks like the only thing that's going to stop the rot is jv news. Let's hope for sooner rather than later.

Agree with that sausage. Really thought, that even though it was essentially the same information as the interview, seeing it in black and white, in an rns might provoke more interest. Looks like we'll have to wait for jv news to get lift off.
Thr reason it seems like s big % is because it is a big %. Depends on your time scale. Down 30 % in 6 weeks, in spite of all the apparent good news. Oh well, we've waited this long etc. Atb.

Yes sausage agreed. You'd think once they get rid of that amount of fluid there would be a substantial increase. It would be great to get back to the original 0.5 mmscfd, or maybe even more. It's a pity that he didn't say in the last rns on 30th September that the rate was expected to increase.
If course, according to some, neither us nor Roland, should care about the flow rates. Patently not true. Even though a new well in a virgin part of Cambay, will be a different beast to 77h, everything learnt here should lead to less problems /greater production there. Atb. Gla.

to see what happens to the sp tomorrow, given that it only had 25 mins to react today.

double to break even

Sounds about right Espen. Probably needs to double yo ntrsk even. Could happen if the rate increases further and co-mingle c73.

VF. Didn't know I was so influential. Lol.