SXP sapex limited

late afternoon rally

  1. 9,382 Posts.
    And why not this looks like it could explode in the coming days!!!!

    The results from the Geos Mining study – based only on this previous drilling
    undertaken - are that EL 3325 contains:-
    • 690 million tonnes of inferred resources of sub-bituminous coal with
    a target of between 2 billion to 3 billion tonnes of coal.
    The text of the Geos Mining study statement is attached.
    “The outcome of the initial study on EL 3325 not only indicates a potential for
    some 207 Billion cubic feet to 1.1 Trillion cubic feet of Coal Seam Gas (CSG),
    (based on 300 cubic ft per tonne coal) based on a notional gas content of 300
    scf/t, but also enhances the potential for value-adding options for the coal itself,”
    SAPEX’s Managing Director, Mr Andrew Andrejewskis, said today.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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