FME 0.00% 2.9¢ future metals nl

Seabee formation

  1. 136 Posts.
    lightbulb Created with Sketch. 4
    what happened to the 'lower end commercial'
    zone observed in the Seabee formation? This was undergoing further petrochemical analysis
    last we heard. May be clasping at straws here but what with oil in the expected water above the seal (1st news) and talk of a compromised seal, (clay in the sandstone) in the killer announcement, had the oil migrated elsewhere
    on the block. Seems like we have drilled where
    the seal and reservoir rock are intertwined thus
    locking in the oil which showed up so well on the 3D seismic. Perhaps a sidetrack to the West
    to see is the reservoir is better would be an option as testing will not be needed on this hole. The million dollar question is whether the poor reservoir quality is due to a localised issue
    or whether the geological model applicable in the Nanushuk Sands does not apply this Far East. Any ideas Guys
 
watchlist Created with Sketch. Add FME (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $16.22M
Open High Low Value Volume
3.0¢ 3.0¢ 2.8¢ $11.11K 386.0K

Buyers (Bids)

No. Vol. Price($)
2 247142 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 244253 1
View Market Depth
Last trade - 15.46pm 28/03/2024 (20 minute delay) ?
Last
2.8¢
  Change
0.000 ( 3.45 %)
Open High Low Volume
2.9¢ 2.9¢ 2.8¢ 61791
Last updated 11.20am 28/03/2024 ?
FME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.