AWE awe limited
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weakness a buying opportunity, page-6

  1. luke2685
    526 Posts.
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    24/02/11
    12:28
    Post #: 7945904
    BHP paid $4.25bil for 2.4tcf of 2P gas and 10tcf of 3C gas.

    AWE has identified between 13-20tcf of gas in place in the Perth basin (I'm guessing this hasn't been certified as reserves), which might represent a recoverable target of 1tcf of gas to supply Perth's tight gas mkt.

    CSG/LNG, Gold, Copper, Rare Earths are all recent commodities themes in the spotlight - why can't shale gas be next?
    AWE Price at posting: $1.66 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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