I'm a bit surprised about the emphasis of the "New Ventures & Business Development" strategy and in particular about the PELA 96 "Southern Cooper Project".
STX holds a 66,67% stake in PELA 96 - progessing to grant:
* 1,800 sq km or appr. 450,000 acres of coal measures (!!!)
* CSG - Potential of 8 - 20 TCF (!!!)
* Underground Coal Gasification (UCG)and Gas-to-Liquids (GTL): potential greater then 20,000 bbl/d (!!!)
* evaluation and drilling planned to commence in 2009
Sounds that we could have another long term value driver (beside HybridEnergy).
Also new in the GOC-presentation:
- increased revenue forecast for fy 08/09: now $50-55 mln (which is - in my eyes - still conservativ)
- still no production decline (particular no decline from D1) (!)
- new business and a new company "Sequester Pty Ltd" (which is a 100% subsidiary of HybridEnergy) - a carbon storage service for existing projects
- CSM project in ATP 549 (Cooper Basin)
I love my STX ;O) Its all just a question of time and patience ...
- Forums
- ASX - By Stock
- STX
- new project on the 2009 agenda
new project on the 2009 agenda
-
- There are more pages in this discussion • 24 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 STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
22.0¢ | 23.5¢ | 22.0¢ | $2.241M | 9.857M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 101934 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 632617 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101934 | 0.225 |
20 | 1105515 | 0.220 |
12 | 1190423 | 0.215 |
25 | 1490724 | 0.210 |
25 | 1887580 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 632617 | 8 |
0.235 | 2009658 | 19 |
0.240 | 1805873 | 28 |
0.245 | 1127134 | 18 |
0.250 | 2302567 | 26 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |