STX 0.00% 21.0¢ strike energy limited

Just manage to listen to the webcast , SN have reiterated the...

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  1. 481 Posts.
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    Just manage to listen to the webcast , SN have reiterated the 25M forecast for drilling activities of W7,ED1,Booth1, Also mention that STX have made some payments related to lead items for W7, ED1 and Booth1 this qtr. STX clearly can Manage this drilling commitments just with the revenue from Waylering with out raising any cash.

    Major developments WE and SE to have their own finance attached to it , possibly a good idea to disclose plan for development after Dom Gas policy review as it could change the landscape for finance at the basin. ( Mac Bank may not be getting as many freebies to provide the finance after all )biggrin.png

    Overall few good drilling results here in conjuction with a favorable DOM GAS review should take care of those pesky shorters friends of the thread.

    Im still holding my view that we are at the right place at the right time with the right commodity, and quite happy to have some nibbles at this prices as I believe it wont be long before the SP starting to head up.

    Big Qtr coming up cool.png
 
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