well, I was trying to be conservative but if I was entirely honest I would be expecting the same rexsh! From my estimation, unless they get flows in this range the project has no chance of viability, so I figure this is the sort of result they are looking for from Klebb and better again from Le Chiff. When you factor in crude prices, and costs due to distance from markets, flows will have to be right up there amongst the best csg projects! STX & Orica would of course be well aware of the facts and they continue to press ahead with guns blazing so this is all positive IMHO.
Having done a bit of research I can see how dependent viability is upon flows, costs and field price per GJ! Just another dollar per GJ, or a few thousand more cfd of gas from wells can make the difference between a green or red light for a csg project.
I'm no expert but you don't have to be a genius.....
Pure spec!
HC
- Forums
- ASX - By Stock
- STX
- Ann: Southern Cooper Basin Gas Project - Operations Update
Ann: Southern Cooper Basin Gas Project - Operations Update, page-14
-
- There are more pages in this discussion • 5 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 STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $601.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.313M | 6.260M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 592504 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 748432 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 592504 | 0.210 |
25 | 1695906 | 0.205 |
30 | 984442 | 0.200 |
17 | 1015145 | 0.195 |
30 | 1249548 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 748432 | 9 |
0.220 | 915637 | 11 |
0.225 | 948630 | 8 |
0.230 | 684332 | 9 |
0.235 | 1730960 | 19 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |