“At the minute, the economic equation is negative,” says Alex Grant at investment bank Jefferies... If this is the best they can do then the equation doesn’t work on a per well basis and it doesn’t matter that they have huge amounts of gas.”
That's a bit of a worry for DTE and holders if correct.
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Add DTE (ASX) to my watchlist
Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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