I'm a bit surprised about the emphasis of the "New Ventures & Business Development" strategy and in particular about the PELA 96 "Southern Cooper Project".
STX holds a 66,67% stake in PELA 96 - progessing to grant:
* 1,800 sq km or appr. 450,000 acres of coal measures (!!!)
* CSG - Potential of 8 - 20 TCF (!!!)
* Underground Coal Gasification (UCG)and Gas-to-Liquids (GTL): potential greater then 20,000 bbl/d (!!!)
* evaluation and drilling planned to commence in 2009
Sounds that we could have another long term value driver (beside HybridEnergy).
Also new in the GOC-presentation:
- increased revenue forecast for fy 08/09: now $50-55 mln (which is - in my eyes - still conservativ)
- still no production decline (particular no decline from D1) (!)
- new business and a new company "Sequester Pty Ltd" (which is a 100% subsidiary of HybridEnergy) - a carbon storage service for existing projects
- CSM project in ATP 549 (Cooper Basin)
I love my STX ;O) Its all just a question of time and patience ...
- Forums
- ASX - By Stock
- new project on the 2009 agenda
I'm a bit surprised about the emphasis of the "New Ventures &...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $537.2M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 18.5¢ | $3.622M | 19.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1678858 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 616306 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1678858 | 0.185 |
22 | 1216659 | 0.180 |
10 | 539714 | 0.175 |
19 | 826511 | 0.170 |
15 | 1277894 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 616306 | 3 |
0.195 | 1095255 | 6 |
0.200 | 748092 | 15 |
0.205 | 545147 | 6 |
0.210 | 523820 | 14 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |