STX 8.82% 18.5¢ strike energy limited

Ann: Q320 Quarterly Activities Report & 5B, page-11

  1. 274 Posts.
    lightbulb Created with Sketch. 52
    Not a bad quarterly at all, especially with the hiccups drilling. It's a bit concerning to me how many quarters of funding they have. Is this normal with gas exploration? I've been holding since buying the dip in March and just kept buying on the smaller dips. Also Jaws progress sounds weird to me, like they don't have much to say yet.

    As someone who has no experience with drilling, can someone enlighten me on what's considered a normal drilling depth/ time to completion of a drill?
    SE and Waylering being drilled in 2021 sounds promising. What's the general consensus for this company over the next 2-3 years and where would you expect the company to be if the drilling is mostly successful?


 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.015(8.82%)
Mkt cap ! $530.0M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $1.194M 6.650M

Buyers (Bids)

No. Vol. Price($)
1 150000 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 835380 14
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.