STX 2.86% 17.0¢ strike energy limited

Ann: Independent certification of Ocean Hill gas resource, page-58

  1. 1,483 Posts.
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    I agree, Ox. I have been accused of whining and being impatient and blind to the potential of STX, etc. I can handle the criticism but I am more puzzled than critical. About six months ago the share price got up around the 35c mark and to my mind I cannot see why it is not around that price now. You can cite geopolitical risks and concerns plus the CR all you like but in view of the raft of positive announcements and progress made it just perplexes me no end. We have imminent production and income from Walerying in the not too distant future, Does STX have a credibility problem with the market? Will the SP move when they finally throw the switch that allows our gas to flow? Will we have to wait until the first income is actually recorded and is credited to the company? As I read announcements like today's about certified resource figures, etc. I ask myself this question. What will it take to finally move the SP in a positive direction that will reflect progress made and near-term potential??? In the oil and gas industry the Walyering production (if STX is to be believed) is a heartbeat away??? Anybody have similar concerns and any other thoughts??? Sigh!
 
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