STX 8.82% 18.5¢ strike energy limited

Ann: Quarterly Activities Report & 5B, page-15

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    Non core assets most likely 640 or 515 out to the west of PEL96 I suppose.

    If they get a negative result from the R&D assessment then i doubt it would be for the full amount. More likely parts of that full claim that may be quaestionoable claims - IMO. It may be a much smaller amount.

    Pump issue could be anything from a faulty pump to clogged filter, or anything in between. It doesn't change the fact they have a completed well that will be on production test soon.

    IMO
 
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