Day Trader’s Weekend Aftermarket Lounge 29-31 May 2020, page-251

  1. 7,656 Posts.
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    Gday @Lambrae, i like STX in regards to latest news and chart, I think all specs in WA Perth Basin worth watching. Since Covid-19 the big drill rig has been stuck in Qld. With Borders opening that rig will be on the way soon. So I'd imagine rig drill dates being announced in the near term. Like STX and BPT definitely and a few other maybes that I'm not sure if they have plans to drill, like WGO, TEG, PGY, KEY. I do know a roughie that's been put off for sometime since Covid-19, and I mean a roughie....NWE, it has a few prospective spots. 2 properties are shared with MIN and both bordering the STX big Gas find. MIN bought NWE shares on market (last year) at 0.5¢ and over for a near ~20 % stake while MIN already owned ~75% of the 2 spots. Very speculative. But in a good spot.
    https://hotcopper.com.au/data/attachments/2194/2194103-998451b0b6e7e595fb6191953f736b62.jpg
    I'd feel safe in parking in most producers for the short term, oil got hammered with supply and demand issues, demand should go up from here. KAR seems to be a fav around here. Just spit balling and guessing oil should hot up.
    NWE held.
 
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