STX 2.44% 20.0¢ strike energy limited

Analyst Update, page-177

  1. 218 Posts.
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    Maybe one of the OG experts here can comment, but on the off chance they don't bother, I'll provide what little I know

    servicing / maintenance is built in to the PM schedules of gas plant, gas wells and related infrastructure. This does not normally require downtime.

    however, as age progresses, or if function / performance declines, more substantive maintenance may be called for, including dropping a work over rig on a well head. This will result in downtime.

    there is nothing to suggest Walyering is in need of such, although it's also fair to say the often referenced de-bottlenecking probably hasn't given us sufficient detail to know whether this activity would be disruptive to production.

    whilst I'm loathe to make an assumption, are you merely looking for an opportunity to further discount Walyering revenue, and amplify your CR concerns? Not prepared to await the next financials which, on the basis of such limited financial data to date, may help recalibrate things for us all?

    you know as well as I do once the next financials hit the shelves that 618 will forensically examine this to an inch of its life....so maybe just log off for a day or two and enjoy the weather, the sport or something else.
 
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