one week to go, page-38

interesting couple of posts rexsh.. far from the norm for you i would say. not sure if you are sharing some prior discussions with stx mgt or pure speculation and preparing yourself (and us!) for a longer wait. your not expecting flow rates in the quarterly - is that that same for agm? if not then ,when? only when they have a proof of concept rate they consider commercial? the only rate I have ever seen mentioned on stx website doco is that contained in redleaf's coverage - up to 50mcfd. what is this magical proof of concept rate. a recent stx slide pack had double the rates and double the return/eur - but then that was under od management.

silence is never a good thing particularly at this stage of the process. no operational update again this month. the consistent word from new management is that capex for the pilot is done i.e. no more shielding required just dewatering through to absorption. more mixed messages to work our way through..


adl