LRL 5.77% 24.5¢ labyrinth resources limited

lrl

  1. 78 Posts.
    crosswire - 09 May 2013 - 22:26 - 7376 of 7390
    $4 for gas in USA

    $12 for same gas in China!

    Good interview with London Stock Exchange! Bring on the commercial news!!

    http://www.londonstockexchange.com/companies-and-advisors/aim/webcasts/growing-company-interviews.htm
    oilbuy - 09 May 2013 - 22:53 - 7377 of 7390
    Yes indeed crosswire , the profit margins will be huge as its the start of a gas boom and a need for energy.

    $ 1.7m to drill a well in China

    $ 4.5m plus to drill a well in the states

    If theses wells prove commercial which im very confident they will the CAPEX to develop this field will be very cheap. With a full infrastructure and a close tie in point to the main pipeline approx 10km,PETROCHINA will build the pipeline and we will pay for it through gas sales. This company will be a cash cow.

    Oilbuy
 
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