STX 2.22% 23.0¢ strike energy limited

Ann: West Erregulla Update, page-40

  1. 3,110 Posts.
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    The biggest risk is what we're doing right now, drilling into the depths we are.
    That's why safely takes precedence in all out comes, that's why they stopped at WE3, it wasn't safe to proceed with the equipment we had.
    Next biggest risk would be unproven reserves, without it we have nothing, Strike don't have a plan B.
    This would normally scare me off but from what we know todate we don't need one, this'll be big enough on it own merit.
    I like the way we're value adding and diversifying in the product we produce, that's smart imo
    That's my take
 
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