Latest Forum Topics /
RH PetroGas
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TraderBen
Supreme |
29-Sep-2023 14:05
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Huat!! Queing to sell at 25 see if can hit today
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ozone2002
Supreme |
29-Sep-2023 13:47
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0.23        +0.025Ric Ashley song 🎵 playing again 
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Catrade
Master |
29-Sep-2023 13:46
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It?s really time to buy more before analysts start to write abt PetroGas potential windfall, then it would be too late to buy cheap becoz the BB would rush in before the analysts report is released. | ||||
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piscesmonkey
Supreme |
29-Sep-2023 13:19
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Really hit 230 liao bro. Huat ah
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L.FATT
Member |
29-Sep-2023 12:13
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What happen here.. just went for lunch and see this... | ||||
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easywin
Supreme |
29-Sep-2023 11:57
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Don' t say bo jio, put money earn easy money. | ||||
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ahberngh
Elite |
29-Sep-2023 11:44
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Indeed, 1.8 TCF is huge. According to your figures, it is worth US$3B. For the sake of argument, let' s say after uncertainties, taxes, Indo govt and other grabbing hands have taken their shares, only one third is left for RH shareholders. That is US$1B. RH has total shares of 836M, so per share is about US$1.2. This is only for the gas discovery asset, not all the assets assets RH still owns. Let' s locate the 1.8 TCF  .
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Catrade
Master |
29-Sep-2023 11:16
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Yes, 1.8Tcf is indeed a very huge gas field, n if strike Petrogas price will rocket 🚀 above last high of 41c.
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stanip
Veteran |
29-Sep-2023 10:53
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Agreed. IMO, strong signs are already there in the update... Management talked more about Karuka-1 well  (50 days to drill?) 1) Signed MOUs with a buyer to supply gas to IGNITE Ecopark earlier in the year 2) Company strategy to transform to primarliy a LNG gas company (with higher PE multiples than oil companies). 3) Karuka structure may hold up to 1.8 TCF of recoverable gas on an un-risked basis. To guessimate the value of 1.8 Tcf: 1 Tcf = 1,000,000,000 MMBtu or 1,000 cubic ft of gas. Current market pricing is about US$3 per MMBtu. So 1.8 Tcf roughly could worth US$3B on the gross basis before future technical & commercial risks. 1.8 Tcf is a substantial gas reserve if you check ChatGPT or Barb. :) Have picked up some more this morning...Not sure the market has fully absorbed the positive messages behind. The only not so positive point in the update is on Riam-1 (another well) which is behind schedule after encourntering operational challenges. Management will provide further update on this Riam-1.  
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sengkang
Master |
29-Sep-2023 10:53
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Must break 22.0c convincingly to sustain breakout and uptrend. Otherwise may be short term range bound between 21~22 band
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trader1970
Elite |
29-Sep-2023 10:49
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Once BO 22, all BBs, mother, father, uncle, auntie will rush in to buy.... WATCH... Perhaps news ll be out this weekend...![]()
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Catrade
Master |
29-Sep-2023 10:31
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Slowly but surely, investors started to realise the huge potential of PetroGas striking black gold n huge natural gas fields in their exploration. Then it would definitely change this stock visibility to institutional investors?. And by then it will be like a gold rush stock. | ||||
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TraderBen
Supreme |
29-Sep-2023 10:26
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looks very likely will break and charge towards 25 cents | ||||
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ahberngh
Elite |
29-Sep-2023 10:22
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If RH clears the resistance at 21.5c, I am looking for further upside. Just added  small small at 21.5c. |
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TraderBen
Supreme |
29-Sep-2023 10:14
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RH bbs coming.. | ||||
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wehuattogether88
Supreme |
29-Sep-2023 10:09
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Finally, RH climbing up above 0.21 | ||||
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L.FATT
Member |
29-Sep-2023 09:56
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Pushed up already looks like. Maybe the giant just waking up? | ||||
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Catrade
Master |
29-Sep-2023 09:56
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If this natural gas field is hit, Petrogas price will rocket 🚀
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ahberngh
Elite |
29-Sep-2023 09:39
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If just one of the wells being drilled currently hits, RH price will rise. But, the best hit would be the 1.8 TCF gas well, this is touted to be a " transformative event" .  |
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L.FATT
Member |
29-Sep-2023 09:11
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Another new well in a rich area. And previous well almost ready. Waiting only....
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