Bridget is reporting what we all are suspecting for the PB Superpaddy.
I have this feeling that is getting stronger that the end top player will be Mineral Resources, wether that be in cahoots with Mitsui or Hancock I am figuring?
Strike have this position of Mr Inbetween which the company has been in for some time and you gotta say have been managing well, given the recent SE situation, which by my understanding is not over yet and I have the opinion that others understand this as well.
I posted way back that 4 into 3 or 2 don't go with the economics of the PB and I still have that opinion.
I think the prior ground rules are changing within the industry players and this will at some point very soon emerge and I think yes it will involve Strike Energy.
We need to consider our position and individual situations as we go forward, Strike are not an easy get, we produce, we have revenue, we have acreage and I think we have guts and that is why I'm holding and accumulating.
Company may be engulfed and company may not, but one thing that is correct and reassuring is that our SP is bullshit and all know this.
Stuff may happen to Strike and us holders, but whatever you do - Do not factor in the current SP with your rationale
Sounds like a ramp but No way it's just a holders perception of his investment, we all make our own minds up according to our own situations.
GLAH.
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