STX 2.13% 23.0¢ strike energy limited

rayburn potential calculation and summary, page-20

  1. 178 Posts.
    OK, so we have a handle and parameters covering the potential for Rayburn.But The company believes that it has 3 or 4 more similar untested plays under lease on that trend.
    And Hartleys have put a figure on the other assets and then there is Hybrid and add to that the u8nknown.
    So could we say w eare fairly certain we have following by year end, assuming gas prices are not heading down
    1.
    Rayburn $1.00
    2.
    other Willcox plays, 3 , each with a chance of comes in at half of Rayburn and only one comes in:
    $0.50
    3.
    Other oil and gas assets 25 cents a share for sale today at fire sale but say only 50 cents versus Hartleys $2 potential.
    $0.50
    4.
    Hybrid 560 Million tonnes JORC coaland green potential at 50 cents a tonne is $280 Million so give it only 50 cents a share
    $0.50

    That is a very conservative $2.50 a share with all those projects going to be given a look over the next 12 months .
    So aren,t we looking at a gimme that couls see $5?

    Or am I dreamin?? Got a few more at 34.5 on Thursday as I think market action shows that there are some seriously frustrated big buyers lurking who do not realise how much stock the top 50 mtrue believers have put away and are starting to smell reward.
    Lets pledge to each buy a bottle of our favourite champagne the first day it closes above 50 cents and shout anyone who has not yet bought. Wheels you on?

    Sorry but nothing better to do stuck in an airport for a bit....might see who else I can annoy thinking aloud....
    VVSB
 
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