STX 2.38% 20.5¢ strike energy limited

I think everybody needs to settle down a bit and wait for the...

  1. 371 Posts.
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    I think everybody needs to settle down a bit and wait for the company to work out what happen with SE2/3 before any rush announcement, im sure they will do when they know more about it.

    Yes the results were disappointing but I don't think SE2/3 are dead yet, as far I'm concerned we can still try to recover some gas from it and continuo with our Stage 1project until the company advice otherwise.

    I invested here because the Perth Basin is one of the hottest contested areas for Oil and Gas in Oz , and I believe it will be getting even hotter in the near future, Dom Gas decision should give that extra little nudge. There are quite few sharks surrounding the PB.

    STX have a large parcel at the Basin with 25 leads for Gas , an Operating Plant generating cash, some High impact drills on they way this year, starting with W7.

    It was an absolute overreaction by the market the sell down to 21.5c, unbelievable the GAS still there it hasn't gone anywhere , im not worried about the short term fluctuation in the SP as I think in the medium to long term STX will be able extract the value of our assets.(Please DYOR)

    Sorry to hear you are leaving @gimmo thanks for your contribution on the thread and I wish you good luck on your new investments.
 
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