Investors could make 10 times their money from this Australian gas stock, says extensive research report.
This little gas company has teamed up with mining giant Alcoa to drill two wells at Australia’s biggest undeveloped onshore gas field.
The Warro field in WA is known to contain a massive gas inventory of 8-10 trillion cubic feet. And previous drilling has established its potential to flow at commercial rates. Now the only remaining question is, will the gas flow without producing too much water?
American gas experts say yes. Now Alcoa, WA’s biggest gas user, is spending millions of dollars to prove it.
The drilling is now underway. And a new research report says the stock could soar from 4c to as high as 45c as the results come in.
To see which gas stock is tipped to get red hot over coming weeks, go to www.resourcesrisingstars.com.au
DISCLAIMER: Please note that Resources Rising Stars provides no advice on dealing in securities and is not a financial adviser. RRS has endeavoured to provide a fair and accurate summary of the broker report referred to in this article, however readers are encouraged to refer to the original report and read it in full. You should seek professional advice before making investment decisions.
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