Hi all, I thought I’d start a new thread that focuses on the positives only.
PLEASE SAVE NEGATIVITY FOR THE OTHER THREADS!
Facts: 1. We’re producing gas at Walyering. 2. W7 has the potential to significantly increase reserves (perhaps double??) and we’ll be drilling that in Mar/Apr. 3. We have gas at WE and will be drilling more holes there in Q2/3. 4. No doubt SN will find a way to put the gas from SE1 into production. There’s no way he’s leaving that in the ground. 5. SE3 has pressure building in the well head, so who knows? 6. Despite points 4 & 5, the market has written off SE in its entirety, and then some. STX sp is cheap as chips right now! 7. We know the WA Govt will change the LNG policy. They’ve said so in black and white. We only have to wait until May for this. 8. Majority of instos have Strike at a STRONG BUY. Euroz adjusted their price target from $0.48 to $0.39. 9. Ocean Hill (albeit Q4) could be huge.
Lots to stay positive about in the coming weeks/months!
STX Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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