STX 2.56% 20.0¢ strike energy limited

Bottom of the Barrel Valuation, page-164

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    That's the point of a "bottom" valuation KM, strip out anything that has a question mark and see what's left.

    SE1 may still be worth it's 128 Pj, SE2/3 may still be remediated. From memory, the South Erregulla paperwork with DMIRS had three more wells included, SE4, SE5, and Wag 1 so further drilling was always anticipated. W7 isn't captured by the bottom valuation either, nor is W8 which was mooted yesterday. So on and so forth.
 
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