Bigdaddy, I do not have access to the JOA but what you are saying completely fails the common sense test.
If what you are saying is true then why can't the cashed up Hancock completely ignore the wells jointly put down by STX and TPD, put down sole risk new wells, next to them, and, as you have said, suck out all, or most of the gas. To add insult to injury, Hancock could completely refuse to participate in any further joint venture activities and thus minimise the return that STX could get by going it alone.
- Forums
- ASX - By Stock
- Ann: 2Q FY24 Quarterly Report & Appendix 5B
Bigdaddy, I do not have access to the JOA but what you are...
-
- There are more pages in this discussion • 54 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
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
Add STX (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $572.1M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $1.096M | 5.415M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 2599619 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 451618 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 2569619 | 0.200 |
26 | 1945794 | 0.195 |
63 | 2806081 | 0.190 |
19 | 1309998 | 0.185 |
29 | 1440203 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 451618 | 5 |
0.210 | 588996 | 9 |
0.215 | 1252681 | 18 |
0.220 | 997218 | 17 |
0.225 | 979575 | 10 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
STX (ASX) Chart |