Whoa whoa, hold up. I believe there is a JV with Origin and stage one is 106 mill and second 80 mill (roughly).
BUT look around, how much money has Beach and Chevron sunk into UNCO in the basin? How many economically viable wells do they have? I AM NOT SAYING IT WONT WORK but the market is showing its concerns.... How many gas wells does Senex have on line? How many gas fields does it own/operate? How long was Hornet initially tested for?
What are the requirements for a 2P reserve? How many wells are producing on the Surat acreage?
If it were that easy the market wouldn't be concerned..
- Forums
- ASX - By Stock
- SXY
- SP to lowest since 2011
SP to lowest since 2011, page-13
-
-
- There are more pages in this discussion • 16 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 SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online