SAPEX is a company that has a very astute CEO in AA, wich is a good start. The Arkaringa is a huge patch of ground with a massive sub-bitumous coal deposit. The problem i see with SAPEX is that they dont have a clear and concise corporate identity in what they actually are. Confused as i am? well do they plan on being an oil explorer, coal seam gas or coal gasification company. Do teh numbers on teh resource and by far and away teh greatest potential to maximise that resource is with the Linc deal. If their technology plays out to plan SAPEX all of a sudden has a proven resource into the billions of barrels and has not spen ta cent to get it proven, hell buy IMO this stock has to be the cheapest stock on the market for greatest potential returns going....
SXP
sapex limited
