STX 0.00% 21.0¢ strike energy limited

Minres speculation, page-90

  1. 1,258 Posts.
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    Come on there Toots. Surely you haven't forgotten the WE furore where they struck water in, as I recall WE4,
    .STX interpreted it as perched water but WGO insisted that they had hit the GWC. This disagreement still lingered even after no water was intersected in WE-5 and later in WE-3.

    To put all uncertainties to bed STX chose to put the first SE drill down where the bottom of the Kingia was deepest rather than where the Kingia was thickest. They didn't find water which bodes well for the whole of SE.

    Along with your other negativities, water was for a time, also on your table.

 
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