STX 2.56% 20.0¢ strike energy limited

Fair enough. But I would just point out: The interval is thick....

  1. 8,408 Posts.
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    Fair enough. But I would just point out:

    The interval is thick. The sands are consistent. The porosity is good. The gas is there without a doubt. They can't log it properly because the hole was damaged by the gas release. They can't log properly, so they are drilling ahead, not because they don't want to.
    Sure, you can take an ultra-conservative approach (and I would be too if I didn't have a position), but most of us here are happy to join the dots, and trust the comments of the MD (who has erred on the side of caution throughout... another thing the long-termers have learnt over the journey).


 
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