STX 8.11% 20.0¢ strike energy limited

Nothing is for certain in O&G @Second :) At least ED1 will be...

  1. 618
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    Nothing is for certain in O&G @Second At least ED1 will be drilled adjacent to a couple of very decent discoveries (WE3 and NED1), so the COS should be relatively decent.

    Look on the bright side, as @wot has probably mentioned a few hundred times in the past month (and he is right), our current price is trading at a discount to fair value, let alone reflect any exploration upside. So any failure should be met with relatively muted price response. After all, the likes of Macca has already written off all future exploration success. So there isn't much left for them to downgrade from here

    618
 
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