CEL
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1.79% 5.5¢ challenger gold limited

cel..crazy numbers, page-19

  1. striebs
    1,726 Posts.
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    11/01/13
    12:05
    Post #: 11277204
    This is getting a bit silly .

    Challenger have the thickest sediments in the basin and which are proved to flow gas .

    There was no extended well test at Cranemere and we cannot be sure it was from the shale but wherever it was from it was looking good .

    A$30m is ridiculous for what is likely the best dryish gas acreage in the whole basin .

    I don't think people realise just how much gas there could be in our bit . It could be 100tcf recoverable or more .

    Why has the share price nose dived ?

    Is a placement coming ?


    CEL Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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