STX 7.50% 18.5¢ strike energy limited

Ann: West Erregulla 2 Update, page-7

  1. 836 Posts.
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    I can follow your reasoning Elliot, I'm a lot stronger on the SP though. I'm looking at the market cap and using an old pre jaws val I had done on the cooper at a mid 200mil then adding in the AWE 50% sale wich was circa 600mil (not sure what discount I should be applying) so 800mil mc wouldnt sound silly to me considering all the extra acreage STX has
 
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