STX 4.65% 22.5¢ strike energy limited

Ann: Highly significant gas discoveries at Erregulla Deep-1, page-154

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  1. 649 Posts.
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    Hi lilylou, yes NWE was a hell of a ride! I had 22m at one point, ended up selling a few and converting the rest to 9000 MIN, mainly to avoid a huge tax bill. In hindsight, paying the tax would have been so much better! I sold MIN at various prices so I "only" have 4000 left, but very hard to watch atm. I've been in STX since 2019, with an average under 8c. I don't think it will ever replicate NWE's performance, but as of today, I'm feeling a lot more confident in the future. I do have high hopes for another WA company drilling soon in the Canning Basin though.
 
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