short term trading - week starting 4th march, page-76

brooke...

Thanks for the detailed reply... is of great interest... energy plays firing lately (though I is still undecided on oil price direction.. with Canada coming online.... Chavez passing etc etc etc)

2014... thought so... can't see China gov holding back gas sales approve... they would be happy to have real cash coming into country... given they are holding some pretty funky looking US debt/bonds... can't see why they would want to scare of Aussie investors by pulling pin on likes of SEH backers/investors.

SEH nice price for trading... 5 pips a click... low teens so not affect MC to much each jump... very fair price for potential still in it... great story.

Agree.. the local link with the Chinese players a huge help if managed fairly for Aussie shareholders.... looks great so far as the SP range ticks up ... holds and moves again with each stage.... not just a general market rise thing... fundamentals being factored in to SEH as an entity. Very unique on ASX... direct sales inroad.


Watched/traded RFE over last couple of years (wobblyboots over there on HC threads)...

.... in and out of the DTE "lead balloon" saga a few times for a thrill...

... watching the likes of AKK yesterday from afar (away from screen)... few unhappy campers there.


Like NWE.. but like the close to sales story behind SEH to deliver revenue (relatively) early on... not just potential. Looks like SEH are finding not just gas... but pretty clean gas at that... 96% pure methane or so...?

Dunno if I bought a whole load of PR spin... but the QLD Gladstone project/Bowen Basin stuff (Lockyer PR videos) etc have given me a lot more peace of mind as to cbm eco issues....

Fraccing not always the answer.... water can be managed... salinity dealt with... frac chems... etc

Like the DTE / Scotland trick of multi direction horizontal wells..... they got some decent flow rates at Aird.... not that the well didn't cost a bomb. Guess it saves on pipeline costs on surface... and digging up to much pristine country side???!

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Have been looking closer at these Coal bed gas plays... as I see them as sooner $$$ earners than the shale plays.

SEH still seems very fair market cap given market and relatively low Chinese sovereign risk.

I know the shale plays are hot... but seems that many are more looking like land banking exercises... with crazy distances from markets.... deep /expensive drill programs.... not to say the results cannot be spectacular.
I gotta keep reading... get my head around the $$$ and timelines these big players like Chevron / Beach have.


Methane/coal looking like the "early/interim" revenue earner... as you say... the instos willing to pay for some certainty.

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Taking nothing from Free's CTP.... also on the watch list chief...!

That is some ridiculous acres they are holding.

They should declare a new state... CTP ... capital city - Freehold?!

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Gotta run.... messing with that FOREX stuff yet again...

Missed that 9am on the OZ... concentrate!!!!

Am hooked.


Thanks again Brooke.... will see if I can find those earlier SEH threads.... HC seems to have wiped em... hmmmm


bsh