STX 10.8% 20.5¢ strike energy limited

resource upgrade, page-2

  1. 8,691 Posts.
    lightbulb Created with Sketch. 3337
    Bloody hell.

    I particularly liked "54 million bbls of liquids" (net to Strike). Even if you set aside the 14 TCF of gas (prospective resource) and assume only 10% of the liquids are recoverable, that is still lot of liquids for a company worth $130 million.

    That's excluding the US assets, which are being fracced as we speak.

    Looking good.
 
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