SXP sapex limited

spurting, page-3

  1. 11 Posts.
    They went up abit cos i bought some @ 24 and 24.5..I had a few from before the big drop, at 32c... and i wanted a few more...i was not that impressed with the CSG rave in the last ann, but the mou with LNC is important....and sooner or later the market will come to see the value in UCG.....in my view a fantastic new way of tapping stranded and otherwise useless coal resources...and the sxp resource is huge.....20-30 gt!
    Which works out at 1/10th of a cent a tonne. And dont think bhp and teck and oxr dont know it's there either!

    I guess a lot depends on lnc and its flareline at chinchilla....

    i hold sxp, mee and lnc....and i will keep them awhile. They will go like the uranium stocks did, eventually. ....remember them?

    cowpat



 
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Currently unlisted public company.

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