Hardman talk about ramper "best shale play on the planet" LOL do some history study on STX many years ago it was 40c only had a 70-80mill markcap to get back to 40c after this raising will command a 200mill+ cap ---fact is STX will continue to raise cash as you need big dosh to explorer mutiable shales an frac ,pump,3d STX mgmt take home 2.4mill per ann they will spend 2.5mill on the two cooper drills etc the likes of SSN will spend 20mill this qtr...an still have 20mill+ in cash an a 500-600boepd production in place an growing from mutiable fracs ...(yes I know don't come round ramping other shale plays but if your going ramp STX best in world at least compare to other ASX USA shale plays)..
also how much cash does STX have an what is it's current boepd or cashflows?
bloomberg - carnegie - next big thing?!?, page-11
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22.8¢ |
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Mkt cap ! $659.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 11 | 198256 | 22.5¢ |
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|---|---|---|
| 23.0¢ | 2103572 | 14 |
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