This post is so full of factual errors is crazy..
Rio mining for oil in the Cooper Basin? ROTFLMHO
But..
SXP is a very interesting story indeed. Its proximity to potential markets is very attractive but there is a serious geological risk that the Permian sediments have not been buried long enough or deep enough to form oil.
I have been watching this one for a while but as our learned friend advises - DYOR..
SXP
sapex limited
potential for trillions of units of gas oil, page-2
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