Wow, I think I am in shock. 41m in net pay with those porosity numbers from Kingia is indeed “staggering!” Way above any of our wildest dreams. Waitsia 4 max net pay in the Kinga was 21m. To think that WE has just doubled that is crazy. At this point, the P10 estimates of 1.2bcf will be torn to shreds. 1.5-2bcf plus from the KHC is now well within reach. High Cliffe if their modelling holds true (and at this point, after everything we have seen so far, why wouldn’t it) the HC is expected to be bigger than Kingia. Its mind boggling to think that could actually be the case
STX have their hands on a high end world class discovery. Waitsia found the biggest onshore gas discovery for the last 40 years plus, STX is on its way to double in size that discovery. What does that therefore make our discovery?! We have a high end world class discovery that is bound to create headlines around the globe.
Congrats to STX management and holders. What a result.
Wow, I think I am in shock. 41m in net pay with those porosity...
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Mkt cap ! $657.9M | |||
| Open | High | Low | Value | Volume |
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| 23.0¢ | 524269 | 8 |
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