STX 5.56% 17.0¢ strike energy limited

Eregulla Deeps, page-4

  1. 1,832 Posts.
    lightbulb Created with Sketch. 1383
    Yes agree papa maybe a bit earlier I'm anticipating.
    Lot of everything on the forum lately but this drill at ED1 should be where we are focussing just now.
    After a slight set back with the rig and some downtime at the cost of the rig owners we are now likely to be very close to TD and can't wait, if this is a successful outcome which is our expectations, then it will be the catalylst that will stamp and frank this company at this crossroad time.
    Nothing certain with drilling 5kms underground as we all know, if it's no go then company continue on its exploration & production journey as you do, but if it's GO then this is HUGE !!
    I mean HUGE especially at this point in time with all that is on the cards with gas production in the Perth Basin.
    Franking credits Huge I'm thinking, maybe company will be able to sell off an asset to settle the foe and even further frank company position.
    My opinion and GLAH.


 
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