Short Term Trading Week Starting: 7th Mar, page-96

  1. 4,130 Posts.
    lightbulb Created with Sketch. 147
    STTCOMP DHR FA LONG

    fpo: 597M
    MC: $1.8M @ 0.003
    Cash: ~$50k
    EV ~$1.8M

    Assets: Oil/Gas tenement in N. QLD - Roma shelf, in highly prospective producing region. Surrounded by Santos and other big players.

    PELA applications in South Australia near Cooper basin however south of Moomba oil fields. DHR are still progressing the grant of 6 applications with SA gov for over 53m km2 of ground.

    Coal - Argentinean project is very promising and marketable coal quality.

    Gold - prospects in Nevada, USA in Carlin Trend. No recent work done however in elephant country.

    Lead by Nick Mather and mob - same guys involved with Arrow, Bow, AJQ and OBS.

    Hold.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.