STX 4.65% 22.5¢ strike energy limited

Ann: Walyering Production Update, page-194

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    I am sure you are right. This year? Next year? Or some time before 2027? I never had the idea when I decided to get into STX that I was in for a 3 year ordeal. Add to that the ineptness or duplicity of the company with their announcements. I reasoned (logically?) that when production started at Walyering (transitioning from explorer to producer is the holy grail of any exploration company?) there would be perhaps a slight jump in the SP. I have been hanging on since last year based on the company line that production was 1st quarter, 2nd quarter, 3rd quarter? And when production finally begins it is met with a whimper? It all seems so illogical and looking forward I ask myself what will finally light a fire under this dog? Tired of all the bullshit like Project Haber (gone very quiet) offtake bullshit to Koch Industries, etc. The SP retreated after the TPD deal was announced so I am hoping that when it is finally consummated the market will see it in a positive light and the SP will rise accordingly. I shudder to think where the SP would be if the gas price was still at the levels deemed profitable when these projects were just getting started. In the near term SE3 and the TPD deal are the only things I see for 2023.

 
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