STX 0.00% 21.5¢ strike energy limited

Money mine mention, page-372

  1. 485 Posts.
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    Just cant
    stop thinking, we are here sitting at 21.5c contemplating a low ball offer from another party, incredible really as we just consolidate Waylering and we are just about to increase production within the near future ,that will enable us to create enough revenue to unlock the true value of our dominant acreage in the PB that could grow to " one of Australia largest onshore Gas Resource" ..
    If just considering all potential upside that we have 50c would be a steal, yes I know it sounds great when you are sitting at 21.5c , but them you add in the possible relaxation of the Dom Gas policy and you get to around 80c it still a bargain, Gina or any other suiters like Stokes will make 100X more on it.
    We are at the right place at the right time with the right commodity, nothing wrong taking some chips out of the table along the way , but fold for a pity of 50c NO, I think our Management will do better than that.
    STX could drop some more news tomorrow just to keep the pressure on, Thursday parliamentary review fingers X biggrin.png

    https://hotcopper.com.au/data/attachments/6238/6238296-40cd94532a56aea309480dc0813e861b.jpg

 
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