STX 2.22% 23.0¢ strike energy limited

re: might squeeze another mill or so could turn into 10mcf if we...

  1. 934 Posts.
    re: might squeeze another mill or so could turn into 10mcf if we are lucky!!!

    If only the other 2 test results are this good. I don't want to be counting my chicks before they hatch!!

    Petsec is valued at over $200 million and they are producing 36mcf per day from what i have been led to believe. If these three targets are this successful then there is no reason why the SP won't be higher than 50c (being conservative) the cashflow will be there to fund further exploration at Tow creek, carnavaron and cooper basins. Seems to me that this is going to be a strong growth story from here on out with production seemingly imminent and exploration targets all around.

    Well done to early buyers and good luck to new ones!

    There seem to be alot of one liners on this post - would be nicer to see some thought and effort in individuals post.

    I guess not everyone is as well versed as Sandy :)

    Cheers

    Ripped
 
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6 522260 22.5¢
 

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23.0¢ 524269 8
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