CBM projects in Indonesia enjoy a relatively better production split oil and gas projects. CBM operators’ profit share is 45 percent – much higher than the 15 percent and 30 percent that oil operators and gas operators get respectively. Under its blueprint for the development of CBM, the government is targeting production of 1 billion standard cubic feet per day, or about 0.18 million barrels of oil equivalent, by 2025.
Gas production from CBM is expected to help Indonesia boost its declining gas output as Indonesia has the world’s second largest CBM reserves after China, with total potential reserves of 453 trillion cubic feet.
@851815 just be patient.. i holding this stock with huge amount already.. wait me done push aax big profit then move on to here and pump again before this stock up ~
Stockskid, I m holding this stock buy sell almost 20 times. Arguing with those experts here. I make some from others counters. Luckly last year I make some good money.Dont know how about this yea?.... I m still holding Glotec but this counter r actually all free. Why free bcause I use the money I make from other counters than buy this counter.....I know this more than a year...Only has to TAN KU KU....
@leo218 that aax news out on thestar will reach 0.50 believe it or not that is on your own risk to invest... I waiting 200% plus profit then let off aax already..
I read the news that IPO price for AAX was rm1.45 and only at 1c premium,it came down to 15c.So its price movement was similar to CSL but it makes losses throughout the period whereas CSL makes great profit yet drops like mad.So in a/c creditality AAX is much more creditable.
Stockskid glotec been losing money since the merger of 3 listing companys. What make u think tat this june report will be good . Make 1 million or make 50 millions is considered good ?
@ leoleo... it's better I silence then let u know too much thing... just follow your own decission that all stock is no earning .. all is Holland mode just don invest is the best for you.. happy weekend !
bagus I will not enter now still alot Bacteria spread need to Tan Ku Ku.... first. Lembit or not I m not worry if good hole automatic will up up up.....
Glotec last Drilling update is on Oct 08, 2015 . now already 5 months passed... any update ah? accidently gorek gold mine already and keep quiet is it ?
Leobaby... i heard that one sudah jual.... from d last AGM.... they're also looking to sell a plot of land they have in Sabah (plantation) but dunno that sudah jadi tak... no announcemnet on bursa on that
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DreamDominator
340 posts
Posted by DreamDominator > 2016-03-04 23:17 | Report Abuse
gih gih gih