We still don't know how much water there is to be disposed of, and there is a major positive as stated by Bell Potter
"With high levels of natural fracturing, we consider future wells may not require fraccing. This could reduce the well cost by ~0.6m or 17%. However, a portion of this capex saving will likely be diverted to fund the installation of sufficient water handling capacity."
Note the word "portion", so it could still be cheaper to produce than originally projected. But of course at this stage no one knows.
- Forums
- ASX - By Stock
- STX
- Ann: Southern Cooper Basin Operations Update
Ann: Southern Cooper Basin Operations Update, page-204
-
- There are more pages in this discussion • 1 more message 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 STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
22.0¢ | 23.5¢ | 22.0¢ | $2.241M | 9.857M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 101934 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 632617 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101934 | 0.225 |
20 | 1105515 | 0.220 |
12 | 1190423 | 0.215 |
25 | 1490724 | 0.210 |
25 | 1887580 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 632617 | 8 |
0.235 | 2009658 | 19 |
0.240 | 1805873 | 28 |
0.245 | 1127134 | 18 |
0.250 | 2302567 | 26 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |