STU stuart petroleum limited
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i am amazed that there has been so little discussion about...

  1. simonmc
    688 Posts.
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    24/09/08
    19:27
    Post #: 4308319

    i am amazed that there has been so little discussion about Bazzard (drilling now).

    There is a risked target of 100 million barrels of oil, there is a direct hydrocarbon indicator on seismic and STU has 50%.

    Sure - they are paying but Strachan calculates that a successfull outcome is worth $12 a share to STU.

    Thats a 10 bagger kids..

    Has to be one of the highest reward plays going at the moment. Personally, I dont want to be out of this and I have opened a CFD position iwth a stop at $1.00.

    STU Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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