STX 2.27% 21.5¢ strike energy limited

Bottom of the Barrel Valuation, page-179

  1. 1,894 Posts.
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    Very good summation JD and that goes for all other helpful postings and a credit to 618 who is handling the hicup professionally, Thankyou all.
    There is so much more to go within the PB and that is certaintly applicable to Strike with its Erregulla and Walyering feilds and other fields for further exploration and drilling.
    SE2&3 are still in the picture and even if it turns out that they get put on hold it will have assisted the team in determining the next moves and objectives but I think more to come.
    Strike and its permits are juicy not dry and management most definitely will be earning their pay under these circumstances and I have no doubt in the quality on the team, whether SE2&3 was a mis calculation or whether is was drilling problems or just plain geoligical uncertainty it will get sorted and the exploration and expansion of our projects will continue.
    Big volume as expected of late hard to get a handle on exactly what maybe going on, but im sure we will know more in the near future. Meanwhile best to sit tight or if anyone has any money left take advantage of this ridiculous SP.
    My opinion only and good fortune to us and we all know every initial drill will not always be an instant success, some take more time to navigate and some are no good, that's the game and Strike are well and truly in the game already, we all know that so stay put or put up.
    Good weekend all.



 
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