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1.0¢ vintage energy ltd

On reflection, you are correct about the CO2. It's just as well...

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flight11

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21/01/20

14:21

Post #: 42493972
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Originally posted by FrankEd ↑

I’d agree it was the CO2 news, but don’t agree with it being poorly understood. What was a potentially lucrative gas well is now effectively a duster. Yes, you can generate an income stream from CO2 wells - but it’s value is orders of magnitude less - CO2 Sells for around $15 per tonne.

Having a 90% CO2 well constricts you to the CO2 market as processing it to get C1 will be a very costly exercise and I doubt any surrounding plants can handle that level of CO2 without upgrade.

Anyway - just my thoughts. I’ve not been looking at other activities - just Nangwarry 1.

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On reflection, you are correct about the CO2. It's just as well the company has lots of other irons in the fire.

VEN Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $16.69M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
11	4981099	0.9¢

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Price($)	Vol.	No.
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6	1837500	0.008
2	460000	0.007
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Price($)	Vol.	No.
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0.011	4828064	7
0.012	5554566	9
0.013	2347140	4
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