The market hasn’t worked this out yet.
This is a major de-risking event that permanently opens the door for all sorts of corporate activity.
FID, Haber, funding, significant value attributed to other PB ground because of the model being proven (structural conformity to amplitude signal), possible take-over or farmin JV, just to highlight a few.
And remember Geo-thermal add-on makes that a much wider door than it was before.
Next stop 38-40c before a breather. Then over $1b to get the funds scrambling for a position.
IMO
Ann: West Erregulla 2 Flow Test Update, page-195
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $1.056M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 262128 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 3834531 | 37 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |