STX strike energy limited

Ann: Walyering Reserves Statement, page-72

  1. 3,574 Posts.
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    We have grossed 64 million so far and the facility is paid off, apart frm minimal operational expense this is now running at a nice profit
    I dont think the money you quoted on drilling these shallower wells is correct but i stand to be corrected
    Eitherway, the big expense is now taken care of, keeping the plant full is a no brainer imo as long as the resource supports it which by my reading it does
    As for "great funding options" well Waylering is our only source of cash at present, and a very good one
    I'm not going to argue the point, but for me I'd be happy drill it out if it turns ~30 million into ~200 million- example only
    to add, the only other option is a CR and or DF that'd suck
    Last edited by Kangaroos67: 23/09/24
 
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