STX 4.44% 23.5¢ strike energy limited

Ann: WE5 Production Test Update, page-33

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  1. 8,776 Posts.
    lightbulb Created with Sketch. 3470
    Look, if the WE tenement is as bad as some people want to make out (when it's a world class resource), better we just certify enough gas to fulfill stage 1 and then move on to the greener pastures of SE1, right?

    It never ceases to amaze me how some WGO holders seem so eager to talk down the WE joint venture, and shoot themselves in the foot in the process, including management.
    WE4 was a great result, but we got no share price appreciation because of all the GWC baloney. Now we've run into technical difficulties (very common when drilling so deep), but the gas is there and we are progressing to 2P reserves.
    There have been hiccups (some self inflicted), but we are tracking very well, IMHO.
    Last edited by invertedva: 17/08/21
 
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