Australia's largest stock trading and investment forum Australia's #1 stock forum

Day trading pre-market open April 29, page-35

First 35 Last

Share
Profile

Follow
tin_shed_trader

16,896 Posts.

1142

29/04/22

09:27

Post #: 61090072
Share

Originally posted by tin_shed_trader ↑

HCD

It should be noted that the $140k order was a one off starter order. Company has confirmed to a SH that the revenues will be recurring but not yet at what frequency.

The 3 trial wells cost $75k just to do the trial and prove it works. So $25k a well.

Start multiplying that by 30 wells and then multiply by however often it needs to be done and then multiply that by a few more of Santos 600 wells....

And then lets snag Beach Petroleum in the Cooper Basin who will have seen Santos' success and then lets snag some business in Texas where trials are on....

or the North Sea platforms where trials are on

or with a US Supermajor who is testing.......

or India where a massive pipeline is about drop an order on HCD>

This minnow sleeper about to wake up and Massive runner coming ST IMO

HCD

$10m MC
Directors with skin in the game
no debt
500m shares

Expand

Let us stop and think about this -

Santos removed the incumbent chemicals company from their seat at the Santos table in favour of HCD tech to service Santos' wells.

The company that got removed was "one of the world’s largest oilfield chemical companies"

A $27bn OnG behemoth just chose a $10m minnow ( HCD )

I don't think many have fully realised the gravity of this yet........

HCD
5 Upvote

Reply

Top Stories

FRB

Firebird snaffles Environmental Permit for Jinshi plant

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

There are more pages in this discussion • 32 more messages in this thread...

First 35 Last