Over 6 years, 6 wells, >$100million in Cooper (how much is R&D money that may have to be repaid?),
Think we need an honest time line from the company for selling gas. Quick cig pack working:
- 2-3 months for commercial gas rates from Jaws
- 3 to 6 months production of commercial rates with addition of feasibility of gas to market to book reserve
- Raise funds for project
- Build a pipeline to Santos (3-6 months) or plant (12 months), (30% CO2)
My assessment earliest first gas to market March 2020 to March 2021 (if Jaws produces)
Putting all my eggs into West Erregullla, can see why the companies focus has shifted and why they are spending all their money and effort on it.
Over 6 years, 6 wells, >$100million in Cooper (how much is R&D...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $406.2K | 1.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 761416 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 510371 | 6 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |
