STX 2.22% 22.0¢ strike energy limited

So what is a reasonable current valuation? Months ago the Board...

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    So what is a reasonable current valuation? Months ago the Board said a look-through valuation based on the WGO deal was 80 cents for that alone. The pending drill results look certain to add a hefty figure to our proven reserves, so 80 cents becomes ..?

    throw in Walyering’s cashflows, plus …

    I doubt the Board would even ponder $1, yet I equally doubt a suitor would offer $1. As far as I can see it’s onward and upward with the current state.

    OOO
 
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