Woohoo HotU!! You've picked a cracker for one of your first speccies!
Fact: the directors think they have a good basis for 9TCF of gas. That is a lot of gas!!
Fact: at this stage we have not the faintest idea as to how much of that gas can be recovered. A likely range is 30% to 50%, possibly as low as 10%, maybe but very unlikely as high as 75%. But even 10% isn't too shabby.
Fact: high risk, but high reward if it works.
Fact: I love this sort of company. It should get the pulse rate going on a few occasions.
newcomers to cel, page-5
-
- There are more pages in this discussion • 2 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 CEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
-0.003(5.66%) |
Mkt cap ! $70.18M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $284.8K | 5.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 222009 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 247000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CEL (ASX) Chart |