SEH 0.00% 25.0¢ sino gas & energy holdings limited

Nearly all wells well above commercial threshold. Wells...

  1. CH4
    119 Posts.
    Nearly all wells well above commercial threshold. Wells functioning at/and or above expectations. Price of gas still exceptional and as predicted several years ago when forecasts were being made with approximately current gas price. Only thing that has changed is cost of drilling has reduced. Horizontal well flow rates much better than needed. Linxing East deep has much potential and this hasn't been factored into analysts forecasts, so I'd expect a few cents increase on the brokers share price target in March.

    We need CRR approvals through and then ODP to be well on its way for a bit of enthusiasm to return to the share price.

    Now looking forward to the next 4 months of announcements - I believe they'll be game changes.

    Good luck shareholders.
 
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