STX 2.27% 22.5¢ strike energy limited

I don't see it going to 26c in a hurry until either:- Walyering...

  1. 1,868 Posts.
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    I don't see it going to 26c in a hurry until either:
    - Walyering starts with good indications on well - Won't see this till Dec
    - TO talks from someone - Wild card could happen at any time
    - Some new fundamental GEO data comes to light improving NAI's assessment. I don't see this happening until WE5 is fixed at the very least or if WE2/4 are somehow flowing earning revenue which is impossible atm due to no trunk nor processing available yet.

    So it will be sideways action for months.

    Basically if you're after a quick back, look elswhere
    If you're looking to invest long term, well NOW'S THE TIME! It's accumulation opportunity for a couple of months at least. If the market cap doesn't improve then there's also the chance to get your super into it until March at least. So this option is purely for long term if you believe the vision.
    Last edited by DanglingPointer: 26/10/21
 
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