I think this is all starting to set up for Strike
They have successfully merged Talon onto the books
They have the gas, in fact the most gas!
They have an MD that is not backward or shy in presenting his company's case and this is crucial in this present situation.
They are producing with Walyering now 100% ownership
They have the exciting Erregulla's next into production and this is all real and big.
They now have a link/JV with Triangle Energy which remains the last frontier for gas exploration in the Basin and from their seismic results, could very well be up there with its close neighbour MIN'S Lockyer Deep which is at No 1 so far?
They have Ocean Hill
They have Condor
They have cash in the bank with gas sale revenue which is now a fact.
They are the real deal and if others want in then there offer will need to be very real and substantial as Strike has manouvered into a very strong position.
This situation is just so appetising with the State Gas shortage expectations and the Gov reviewing their position and Strike building and Strike gaining status.
Really no wonder the SP is responding.
My opinion.
GLAH
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