AUO austral coal limited

Does anyone have up to date info on what STU are doing to...

  1. 68 Posts.
    Does anyone have up to date info on what STU are doing to address the production bottleneck from the Worrior field.I assume it’s a combination of poor road conditions, wet weather and tanker availability.I expect the bottleneck would increase if the adjacent Arwon well is successful.
    Oil is currently at US$50 per barrel.
    STU has 45000 brls/mth hedged at A$40.31.
    Hopefully they can get oil volume in excess of 45k brls/mth to the market and take advantage of the current high oil prices.

 
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