STX 4.65% 22.5¢ strike energy limited

Ann: West Erregulla Resource Statement, page-6

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    AWE sold 777Bcf / their 50% share = 388.5Bcf sold for $600m . With Waitsiarepresenting 85% of the Total $600m Take Over Price..

    Crunch the Numbers for STX like this
    Kingia & KHC at (1185Bcf/2) = 592 *$1.00 = $592m / SOI
    and you get MINIMUM 30c Per S = for WE-2 Alone
    Plus add in the Basil Wagina + add in Cash on Hand after CR + add in JAWS + add in All the Rest of the PB
    and you can pull my pants down if STX ain't worth 50c
    Last edited by Elliot5: 11/11/19
 
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