STX 0.00% 23.5¢ strike energy limited

The 20c valuation is bargain basement and ignores many other...

  1. 2,069 Posts.
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    The 20c valuation is bargain basement and ignores many other inputs ,including:

    *Gina has spent up big over the last 12 months.Its been suggested that is partly due to her case against her children.Her spending makes dis-entanglement of Hancock Prospecting impossible.More she spends less chance of losing the case due to the comlexity.

    *control-Gina is not a sharer.
    *Long term cheap energy for Min and Gina.
    *Japanese need for lng made starkly clear by the MEast potential explosion.
    *The potential of further discoveries-Min has had alot of success with one waterlogged hole.Has the last well been flow tested?
    *Stx had nothing but success-until the 2 water holes.
    *OHill had gas I thought but it was tight.But now with 3d there could be better prospects to drill.

    By the way that 'mo' on Stu is not a good look.Like some loser porn star who couldn't get a drink in his own brewery.Cause it went broke just after he messed up the dreams of a comfortable retirement of hundreds of investors.
    Still he'll be ok-bet he gets a job with Gina after she takes us out.

 
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