Fangk.,
I have seen this figure quite regularly. I just googled it and 4.5% was generally accepted. A bit lower than my 5% estimate.
And with reduced exploration capex this figure could go higher.
The USA has had a spurt with shale oil. This is now in decline. And unless the oil price goes up then world oil production goes into a decline.
And China and India are thirsting for oil.
- Forums
- ASX - By Stock
- Ann: Noosa Min & Expl Conf presentation - Western Surat Gas focus
Fangk., I have seen this figure quite regularly. I just googled...
-
- There are more pages in this discussion • 16 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
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online