STX 1.47% 16.8¢ strike energy limited

Ann: Perth Basin Strategy & Operations Update, page-28

  1. 1,848 Posts.
    lightbulb Created with Sketch. 495
    I'm looking at it glass half full rexsh. CSG even if it is more expensive than the conventional WE currently has a geological prospective number of 11tcf!!! With gas price volatility in the east fluctuating between 7 and 12 $/GJ it is definitely worth it especially considering how CSG's perform historically through their lifetime! They can historically last 30 years!

    Until they say it isn't commercially viable, then the jury is still out!

    You can't have all your eggs in the one basket.

    Capex requisites will sort itself out once we know the cost to production. If we get a contingent resourc..e anywhere from half to the full 11Tcf then finding that money will not be a problem! The market is there and it is 2 to 4 times that off the West coast. That is a fact.
    Last edited by DanglingPointer: 21/10/19
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
16.8¢
Change
-0.003(1.47%)
Mkt cap ! $487.1M
Open High Low Value Volume
17.0¢ 17.3¢ 16.8¢ $1.059M 6.244M

Buyers (Bids)

No. Vol. Price($)
89 2969373 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 2198891 31
View Market Depth
Last trade - 13.01pm 22/08/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.