STX 4.44% 23.5¢ strike energy limited

psiNot sure how they missed a fault with a 200m throw on state...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,416 Posts.
    lightbulb Created with Sketch. 368
    psi

    Not sure how they missed a fault with a 200m throw on state of the art 3D seismic, but never mind

    Even with state of the art 3D seismic the only way they can determine depths is from the time it takes echoes to return.
    This requires that they have an accurate profile of the seismic velocity as a function of depth. With no previous drill holes to determine this profile all they can do is use a best estimate. Good news though. It is likely that their target will be at a shallower depth than they have previously given.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.010(4.44%)
Mkt cap ! $673.3M
Open High Low Value Volume
22.0¢ 24.5¢ 22.0¢ $3.328M 14.18M

Buyers (Bids)

No. Vol. Price($)
3 300014 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 2349452 12
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.