STX 1.14% 22.3¢ strike energy limited

Heskumdai, I am not really qualified to tell you what that would...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,348 Posts.
    lightbulb Created with Sketch. 2642
    Heskumdai, I am not really qualified to tell you what that would equate too in sales gas. but 100 bcf = 106,046,000 gigajoules. And we know east coast gas prices are moving towards the high single digits (or more) in coming years. So say $8 / gigajoule x 106,046,000 GJ's = A very big number.

    And that's for a tiny portion of their ground and only 35-50 metres of the 130-150 metres of coal encountered around each certification. And also that is without the coals that lie above the current program targets also !

    The numbers here are mind-boggling if this continues on the same positive track that it has to date.

    IMO
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
22.3¢
Change
0.003(1.14%)
Mkt cap ! $644.7M
Open High Low Value Volume
22.0¢ 22.5¢ 22.0¢ $295.5K 1.328M

Buyers (Bids)

No. Vol. Price($)
27 2164309 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 1020123 22
View Market Depth
Last trade - 14.14pm 13/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.