STX 12.0% 28.0¢ strike energy limited

The drop is due to profit taking, nothing more nothing less...

  1. 3,109 Posts.
    lightbulb Created with Sketch. 1035
    The drop is due to profit taking, nothing more nothing less imo.
    It's very rare for a sp to increase or hold as this did after a SPP.
    if you didn't take some profit your richer than me, it was money for jam.
    it's now a good buying opportunity.
    Flow rate...this is a d$ck pulling competition of sorts and has no bearing on booking reserves, sustained flow rates at a given pressure hold point and then build up pressure tests covers this, flow rates can be a consideration for upstream process requirements but not a necessity.
    Sand isn't an issue and will be easily addressed
    It's all good
    Last edited by Kangaroos67: 26/05/21
 
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