STX 4.35% 22.0¢ strike energy limited

probably so, but that is only because it may be more expensive...

  1. 6,293 Posts.
    lightbulb Created with Sketch. 734
    probably so, but that is only because it may be more expensive to fix them than drill new wells but dusters in the sense that there is nothing down there other than water - certainly NOT !!

    Lame,

    I bought my first STX shares in 2004! (how long do you want?) when they were drilling Baniyas in the Carnarvon. STX was then as it is now, an aggressive explorer looking for a big discovery! SE is just the latest to fail but the PB overall has been the savior of STX 100% - we have a real project in the PB with real cash flow!

    STX has to go forward and continue its aggressive posture from here on. They owe it to the shareholders - it's not for the faint-hearted!
 
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