Ronstieb,
I agree, STU was great buying at $1.00. Still great buying at $1.30, IMHO. Since then the goalposts have changed with the oil price... US$140+ now. And STU receives a premium price to the TAPIS price also, due to the quality of the product from the Cooper basin.
At the very least, there is likely to be greater interest as the Bazzard drill gets going (as you have mentioned previously), even if you can't hold on to see the result... $25m down the drain, or a company maker...
Re COE forecast 4th Qtr production...where is it?
DYOR
- Forums
- ASX - By Stock
- STU
- oil soars while stu pumps
oil soars while stu pumps, page-3
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online