25 years oil exploration.
They get a 5 year lease and must show
they’re working it.
I get called in to set out the seismic lines.
SP goes up.
I’ll be putting in lines, a few hundred metres
from where I surveyed for the previous
owner.
Good SP, they sell. They know there’s no oil there. Just capital gains on the lease!
Poor old farmers p’d off, pests on their land!
These are Penny stock companies, not
majors.
SVL is an old major. SP is based on what’s
in the ground, and potential. They don’t have
to mine, if the logistics don’t aline!
If they do, hold onto your hat!
Oil is off topic, but mining is mining!
Plenty of little scammers around! GL
SVL chart, page-51
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Last
20.8¢ |
Change
-0.008(3.49%) |
Mkt cap ! $320.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 20.8¢ | $646.5K | 3.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2793657 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 316408 | 16 |
View Market Depth
| Last trade - 11.29am 21/05/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
-0.008 ( 0.33 %) |
||||
| Open | High | Low | Volume | ||
| 21.5¢ | 21.5¢ | 21.0¢ | 1928660 | ||
| Last updated 11.45am 21/05/2024 ? | |||||
| SVL (ASX) Chart |