Rexsh
I make my own research and make my own decisions by analysing and assessing my findings. I have learned by paying a lot of money that I should give priority to what is said by the managements of stock market companies over my own analysis and findings. They have their own way I have my own way.
If I could see any hope that I could get the answers of my questions I would ask them to the STX management. I am sure that they wouldn't answer any of those questions as they are not released to the market.
I recommend you to ask them if you have any relation with them. The questions are clear here. I have given you a lot of graphics and tables. They are all there.
Ask them:
- What are the ranks of those coals? (They definitely know that as they have the cores).
- If their coals are the same with STO's Moomba-194 which is meta-anthracite, do they have meta-anthracite ranked coals?
- What is the Vitrinite Reflection (Ro) value?
- If they won't tell that then ask them if it is less than 0.6%!
- What are temperature values of these deep coals? Is it around 60 C degree?
- What was the value of gas readings?
- Can they give a depth to formation table, or even more technical data about those drilled two wells?
- If the coals are gas saturated by the FREE GAS, what is holding this gas in place inside the coals? I mean what is the formation above the coals which act as a seal and not letting gas to escape? How it works?
Saying "Coals are gas saturated, even with the free gas" is not enough for me.
Also, it is highly probable that they are reading all of those posts here. I know that from my experiences. Whichever stock I was in and writing on its threads, then it was all revealed later on that the managements were reading all the posts here. It was one the things which makes them busy. (STX's mgmt might be an exception though! I can't know that)
HARDCASH
I have my email on my signature here. You can send it.
You said "No one is asking you to go away" but aren't you aware that I was always told to go away from here as I am not holding. No, I am not going to go anywhere until someone proves me wrong!
PJF
You said "Most here are prepared to gamble on this happening based on the information presented to us by STX"
The primitive answer would be "Why don't you go to casino if you like gambling?". I don't believe the stock market should be considered as a gambling place! That's the difference which creates problem with you guys and me.
Why do you think when I bring the negatives I am being a down ramper? Prove me wrong then? Bring the facts. Otherwise you are ramping it up?
Don't say "Coals are gas saturated" though? I know that. But I am asking how and how much? LOL.
Sorry I am not going anywhere. I am here. This is being another good experience for me. Just tell the big brothers (O&G industry guys) to prove me wrong.
Btw, Rizzla is right. The Patchawarra sands are water saturated in many places in Cooper Basin just like the Piceance Basin in Colorado (They have the same problem). I am currently working on this issue and making a research about it for the Cooper Basin and NSE's PEL570 tenement which is in Patchawarra Trough. Senex had this problem in their Paning-2 well now they have to make a 3D seismic.
Anyway.., I am leaving you alone for a while. I have things to do. I can't answer all of you. Please don't refer to me or don't ask me any questions please, ask to the management.
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