STX 0.00% 21.0¢ strike energy limited

I was making a point everyone is ignoring. Let me repeat,...

  1. 49 Posts.
    lightbulb Created with Sketch. 10
    I was making a point everyone is ignoring. Let me repeat, Walyering is a very short life asset.

    It’s no good telling me that the production profile is spread out over years. Assume RISC know what they are doing. There is a set of finite certified reserves in Walyering which won’t last very long at 33 tj/d. if the production is spread out over longer it is still the same amount of gas, ie the certified reserves. Each well drilled adds cost and the outcome of the drilling is unknown until it is tested properly. SE2 and SE3 prove that is a serious issue. So until drilled and tested successfully W7 doesn’t change the size or life of the field

    If you fancy a puzzle, listen to Stuart very carefully in his half year presentation when he talks about Walyering at 6’30” onwards. He talks about the potential flowability of W5 and the new W7 “in conjunction with W6” Does that mean W6 doesn’t flow or doesn't flow as well as W5 or what?
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.000(0.00%)
Mkt cap ! $600.7M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $1.823M 8.720M

Buyers (Bids)

No. Vol. Price($)
47 2609916 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 924248 12
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
21.0¢
  Change
0.000 ( 1.78 %)
Open High Low Volume
21.5¢ 21.5¢ 20.5¢ 3418630
Last updated 15.59pm 21/05/2024 ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.