STX 0.00% 20.5¢ strike energy limited

Ann: SE3 confirms continuity at South Erregulla, page-261

  1. 392 Posts.
    lightbulb Created with Sketch. 247
    .............Heres some "Napkin Maths" for the toddlers at Macquarie.
    We probably about 55 cents with the solid reserve (in grey) - so trading at a 31% discount today to "fairish value".

    So someone can low ball after Dec 22nd (if Exports loosen up) and pretend they are offering a 30% "premium" and being really nice to us...........
    Santa says NO kiddies......

    and then just for shits & giggles, they can take a look at the other stuff ('24-26) ....................it's looking quite good IMHO.
    - Multiple fields
    - Cheeky seismic
    - etc

    Even pulling out some of that outrageous bullishness on my behalf, we are at about 78 cents and a market cap of $2Bn. 2x from here.
    It's F*&ck around Friday folks.


    https://hotcopper.com.au/data/attachments/5804/5804023-7b07ea3ebb44698ba57a23379583c242.jpg
 
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