STX 0.00% 20.0¢ strike energy limited

Ann: West Erregulla 2 Update, page-24

  1. 1,668 Posts.
    lightbulb Created with Sketch. 483
    ajgeo,

    Take a look at the CSG well curve from recent Senex SXY presentation.
    Their WSGP didn't start ramping up until 12 to 18 month .
    Many thought it was sub-prime acreage well the initial flow were low.
    Its still average IMO but it looks to be ramping up nicely.

    Jaws has a massive 1km horizontal * vertical fracking range … to dewater.

    My point is … a lot more patience required on Jaws. it will require more time and maybe more money, both of which STX will have when WE-2 comes in successful. I stick firm that ATM you can not place a value on Jaws, but I do think it will work eventually, which maybe 1, 6 or 12months away still, who knows....
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.000(0.00%)
Mkt cap ! $572.1M
Open High Low Value Volume
20.0¢ 20.3¢ 19.5¢ $1.138M 5.714M

Buyers (Bids)

No. Vol. Price($)
37 1354940 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1925583 11
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.