STX 2.17% 22.5¢ strike energy limited

picking strike up under 40cents..bargain, page-7

  1. 37,286 Posts.
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    hi cass.

    people can make up their own mind in regards to buying or not buying.

    i've read the prospects about 10times and i still don't understand half the jargon.

    first up drill is considered a "low risk" (check the prospectus if you like, independent report states this clearly).

    they have 4targets in this drill..

    with a mean resource of 17mmbls

    so that would make it:

    15mmblsxNVP$15.00=$225,000,000dividedby160m=$1.40

    the following two drills are:

    boojum & champion considered medium risk

    anyway i don't mind throwing some money on the table with strike..

    also i suggest you have a look at it's previous record before it listed..

    directors and management look excellent in my books as well..

    i'll say it again im a mug punter who likes strike, and i suggest people seek professional advice..

    regards
 
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27 2046366 22.0¢
 

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22.5¢ 318000 5
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