STX 2.27% 22.5¢ strike energy limited

stx mgt wouldnt pay off the entire maq debt if they thought they...

  1. 1,073 Posts.
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    stx mgt wouldnt pay off the entire maq debt if they thought they would be strapped for cash in the short-term imho... too much of the holding is held by t20 to t50 for another placement in other words imho.

    we have seen the flares with informed posters estimating flow rates of 100 to 250 mcfd back in dec 15 - i.e. pre-k3 and k4... the gas has not gone anywhere - this is not an o&G about to hit TD on a re-entered well.

    patience imho will be rewarded.

    cheers

    adl
 
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