This quote from SN in Today's AFR
We are waiting for the final results from West Erregulla-2 which we will then assess. At that point, the company will look to its future program and what it wishes to achieve in calendar year 2020."
Some of the story is already in Strike Energy's share price. Its shares are up from 6¢ to 26¢ in the past three months.Of course Strike Energy has other funding needs, too.
It will need to repay a gas prepay to Orica if (as is likely) its Cooper Basin CSG project is abandoned and may have some rehabilitation liabilities.Strike Energy had $11.4 million in cash and equivalents as at June 30.
CR off the Table till next Year
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.3¢ | 22.0¢ | $1.238M | 5.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 327178 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318446 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.010 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.3¢ | 22.0¢ | 3834406 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| STX (ASX) Chart |