Hi Oraka.I agree stx have a lot of prospective land on which...

Hi Oraka.

I agree stx have a lot of prospective land on which they can explore. This is part of the reason I hold and invested in stx.
Gas and Oli stok’s throw up curve balls good and bad. We have had a run of good announcements and successes without much appreciation in share price. Then come’s the instance of a bad outcome which causes all hell breaks loose with the doom and gloom. Well that’s understandable because we are dealing with people's hard earned money and conservation.

That said longer term thoughts turn to the likely change in Dom gas policy. We are committed under current contracts to supply to domestic market pretty well. Any change in policy allowing exports will allow any further discovery to achieve international prices because we fulfil the domestic gas side. Sure those discoveries having been made yet. But if your a betting man you know the gas is there and with time it will realise value. This is the inherent value.

Im holding tight regardless of the pain of having lost Millions on paper. For me it’s turned from a short term investment to medium term. The fundamentals are definitely there Oraka they just need time.

I have a feeling this or next week will throw up something ( just a feeling nothing more to read into that ).