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22.0¢ strike energy limited

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Justadabble

8,470 Posts.

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26/04/24

17:31

Post #: 73529444
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Originally posted by 618: ↑

I did some further updates today to my model, so thought I'd share it...

Given OH hasn't been successfully appraised yet, I have removed it as a potential future cashflow and added it as a prospect on a risked NAV basis. If it is successfully appraised and developed, it will add about 11cps to the valuation based on 50TJ/d production rate.

By adding the cashflow from SE standalone development back in, it has added 11cps to the valuation.

I've also replaced average spot price with average realiseable gas price. This drops to 6/GJ in 2027 when the CSBP contract kicks in and bring the overall average price down.

I've also reduced the COS risking for Arrino, Kadathinni and Booth down to 10% to be conservative, but kept ED and W7 at 50% given they are appraisal wells even if they are exploring new compartments within those fields.

Based on all that, we are at 40cps fair value.

Disclosure: I own a few STX shares. I am human and is prone to making human errors. This model contains forecasts which may or may not eventuate. This is for information sharing purpose only and not financial advice. Do your own research. Consult your financial planner if in doubt

618

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STX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 22.0¢		Change -0.005(2.22%)		Mkt cap ! $644.0M

Open	High	Low	Value	Volume
22.0¢	22.5¢	21.5¢	$541.9K	2.469M

Buyers (Bids)

No.	Vol.	Price($)
30	1314665	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	1139892	42

View Market Depth

No.	Vol.	Price($)
28	1322075	0.220
39	1225910	0.215
32	1216756	0.210
18	1241469	0.205
36	1642126	0.200

Price($)	Vol.	No.
0.225	772847	33
0.230	1530762	25
0.235	255769	15
0.240	696462	20
0.245	693932	8

Last trade - 13.47pm 08/05/2024 (20 minute delay)


Last 22.0¢			Change -0.005 ( 0.23 %)
Open	High		Low	Volume
22.3¢	22.5¢		21.8¢	1656743
Last updated 14.05pm 08/05/2024 ?

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