"For the Contingent Resources to be converted to Reserves, Strike will need to drill and bringonline a dedicated Wagina well to demonstrate rates and volumes sufficient to sustaineconomic viability."
This is the gas in the Eastern part of SE that was mentioned earlier in the year.
The Wagina has long been mentioned since WE-2 days but looks like it's going to have to deliver sooner rather than later.
Strike needs gas and a better success rate in drilling in the coming months.
GLTA
"For the Contingent Resources to be converted to Reserves,...
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 851855 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 131078 | 7 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |