STX 2.56% 20.0¢ strike energy limited

Drilling/Development Schedule, page-126

  1. 1,444 Posts.
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    Yes why on earth would they do that when the STX SP is on fire again. The usual stuff from the STX Choir yesterday about the broader market being down, etc. Up nearly 1.5% today. It's never STX's fault. This is looking more and more like a house of cards. The STX faithful are accusing investors of expecting "instant gratification" but I am not sure three years falls into that category. Tell me again about our "look through" value we are now trading at what Gina paid for WGO. 50c in June and now we have Walyering producing gas and revenue to the tune of around $40m annually, SE has great porosity, permeability and seems ideal for CCS, our hands around the "prize" TPD and the SP is stinking and sinking like a stone. As Professor Julius Sumner Miller would say, "why is it so"? But I am sure our fearless leaders will find some "filled to spill and underground volcano" rhetoric to regale us with while we twiddle our thumbs and bumble our way into the next decade. What a dog this thing is! And I expect you all know in advance what you can do with your gratuitous advice. 50c plus is my exit price and I am not expecting it anytime soon.
 
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