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Let us stop and think about this - Santos removed the incumbent...

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tin_shed_trader

17,978 Posts.

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29/04/22

09:27

Post #: 61090072
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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

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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
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