The Borba situation is pretty much word-for-word with SGC's, dyor...except for a telling (imo) addition by SGC which seems to reinforce the direction being taken which seems to be to use the gas in electricity production for a data centre facility pending necessary permits.
(SGC's additional info.." and permitting of facilities for monetization of the natural gas from the Borba 1-7 well discovery.")
This additional info above is contained in their section 'September Quarter Objectives'
Now, how much of the gas can be 'monetized' to power a data centre I have no idea but doubt there'd be much profit in it. It could even be a condition of their exploration/production permit - 'you found it ages ago, now get it moving'.
- Forums
- ASX - By Stock
- XST
- Ann: June 2022 Quarterly Activities and Cash Flow Statement
Ann: June 2022 Quarterly Activities and Cash Flow Statement, page-6
-
-
- 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)
Featured News
Add XST (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.893M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XST (ASX) Chart |
Day chart unavailable
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online