Tried to get this new thread going sometime back but I really think we need to get better organised within the forum as we are all posting on different subjects on the wrong thread and that is because we don't utilise a General Discussion thread and it is all a bit messy really.
See how we go this time and my input just now is how I'm starting to get the impression that Strike may not be on the menu or current menu as many believe and that includes me. Starting to see a different story especially since MIN dropped their announcement that they may have their energy assets on the table open for discussion, this was and is a very important fact for gas production in the basin, it may be a bluff or it maybe that the gas processing facility at Waitsia is going to be the designated vehicle for producers.
I certainly get the impression from how Strike management have and are progressing company that they have long term intentions and that sits well with me and all I hope.
The longer we stay in the game given what we have on our plate has got to be a big plus for us holders as developments unfold and there is one in particular coming up next week that has got everyone's attention and that is the gas that will flow from the depths of Erregulla Deep.
Now this may sound a bit strange but it could be that we get a reconciliation in the PB and that may involve players such as MIN & Hancock who really are new comers to the O&G sector and they may well be prepared to just get a deal that gives them the req
uired supply to assist their transitioning and gain a handsome profit and then leave the rest to others that are BIGGER in this industry. Could we be seeing a positional change for these companies?
Now this may open the door for some other bigger players and there are heaps that could get involved or involved further.
Just a musing but there has to be a PB reconciliation and it just may not be what most of us think will happen, I am open and would appreciate others opinions on this as my toads are telling me be prepared for the unexpected?
Just food for thought.
GLAH.
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Mkt cap ! $458.7M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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10 | 1000699 | 0.145 |
13 | 1292698 | 0.140 |
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Price($) | Vol. | No. |
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0.165 | 1027683 | 11 |
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