STX strike energy limited

Ann: Walyering Reserves Statement, page-8

  1. 1,741 Posts.
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    Absolutely agree with everything you say. But then that's why we invest in exploration companies and why we should understand the risks, especially when things like SE2 and 3 explode in our faces and reduction in reserves and resources (i.e. todays announcement) can occur when further information comes to hand. It is simply the nature of the business we are investing in. As you say there will likely be some more short term pain but the other irons in the fire that you have highlighted are firmly stacked in the queue and we sit on the sidelines awaiting the potential rollercoaster of outcomes.
 
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