STU
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0.00% 94.0¢ stuart petroleum limited

Ronstieb,I agree, STU was great buying at $1.00. Still great...

  1. Yaqona
    3,666 Posts.
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    30/06/08
    11:10
    Post #: 3925754
    Ronstieb,

    I agree, STU was great buying at $1.00. Still great buying at $1.30, IMHO. Since then the goalposts have changed with the oil price... US$140+ now. And STU receives a premium price to the TAPIS price also, due to the quality of the product from the Cooper basin.

    At the very least, there is likely to be greater interest as the Bazzard drill gets going (as you have mentioned previously), even if you can't hold on to see the result... $25m down the drain, or a company maker...

    Re COE forecast 4th Qtr production...where is it?


    DYOR
    STU Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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