STX 4.65% 22.5¢ strike energy limited

Its wishful thinking but Beach and Mitsui have equal share in...

  1. 89 Posts.
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    Its wishful thinking but Beach and Mitsui have equal share in their find they are looking to commercialise in Springs (Ann today), they have W-2 outlined in yellow on their little map 20kms to the East. Yellow block colour denotes “prospects and leads” so maybe just maybe we can take this as a sign? A long bow I know.
    The more obvious point is that they may wish to make a bid to remove what will prove to be stiff competition, namely Strike Energy. We would of course reject it, as the BODs have made this clear in their 5 yr strat but it would generate interest, investors and may buoy the share price and indeed the holders.
    In other words, I am clutching at straws and like many SH I am keen for things to progress with the SP. Patience I know I know...

 
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