STX 0.00% 19.5¢ strike energy limited

Bottom of the Barrel Valuation, page-79

  1. 618
    3,196 Posts.
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    As someone else said earlier, if a person is fired every time there is an issue with a well, there would be no one else in the industry, and the world would grind to a halt.

    If an instos holder is piffed by 2 appraisal issues after how many consecutive successful wells, they are far too short-sighted and in the wrong industry....

    "Lucky to get 35c"? Don't get too down so easily. A successful drill at ED1 and/or SWE1 and suddenly the world is a completely different space Or they get a better handle on the data and find a remediation solution for SE2 and maybe SE3. Two failed appraisals shouldn't undo everything the company has achieved to date

    618


 
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