Either way whatever the rate is 200mscf or 500mscf it still will take a lot of capital and time to drill and de water a large number of wells. So even if they say tomorrow that it’s doing 250 and is commercial etc I don’t see the share price moving big time. I think in 3-5 years when they then have a number of wells some of which have 12 - 24 months production then it may drive some modelling that shows upside but I don’t expect this one to drive the price either way in the short term.
Tell me about JAWS, page-3
-
- There are more pages in this discussion • 215 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.3¢ |
Change
-0.003(1.35%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $433.1K | 2.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 823594 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 679998 | 26 |
View Market Depth
| Last trade - 10.16am 15/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |