STX 0.00% 23.5¢ strike energy limited

Beach on look out for deals, page-58

  1. 2,017 Posts.
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    You guys are killing me lol, haven't you heard there are new guys running the show.
    SN & TC where in Perth last week & spoke for about 1 hour to a number of investors, I was away but on a phone hook-up. A few on here attended & I think we all agree the calibre of the new mob is outstanding.
    The key points for me were:
    We have seen no red flags & the data is very good .
    Reservoir is producible and prolific, that was said about 10 times.
    Saturation numbers are positive in all scenarios but need a little tightening up .
    TC after 28 years at shell & working on csg has never seen coal thickness like this & is very excited with what he has seen.
    By the end of the month or early next month after the board meeting they will release a credible forward plan . SN was pushed on this point but would not elaborate but said we know the problem & we know how to fix it.
    Who ever else was there, I would love to hear their take on things.
 
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