STX 0.00% 21.0¢ strike energy limited

not surprised, page-13

  1. 4,361 Posts.
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    Another good day at weather and share price front.

    There has been no further rain, so its now nearly 4 days without any rain. As I mentioned yesterday, there is no flood, so its only access routes.

    Talking to someone at headquarter, they said that the light vehicles can start going this week and the heavy vehicles next week - of course taking into further weather consideration. So the rain has not damaged anything and hopefully we will see drilling soon. BPT have also mentioned this in their monthly report - around 2 weeks - which takes us towards the end of next week.

    Its good to see back at 17 and hopefully we can see that elusive 20 before drilling starts. If things go well, this could be a game changer for Strike, with another drill coming up at Cooper and drilling to happen at EFS in the near future. Its way undervalued compared to its lease holdings and hopefully will get re-rated soon.

    -dc1234
 
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