STX 2.22% 23.0¢ strike energy limited

How much is worth 0.6 Tcf at the well head in the Perth basin?...

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    How much is worth 0.6 Tcf at the well head in the Perth basin? And 1 Tcf on the East Coast?

    Can this be a fair valuation?

    WE2 = AUD 0.5/share
    Other Perth leases = AUD 0.2/share
    Jaws = AUD 0.2/share

    What else?

    The big elephant in the room is Jaws here. If the technology is proven right and we CAN get the gas out, I think the numbers will be changing substantially.

    I think if we understand the value and "spread the word" it will help our fellow investors to stick to what is achievable.

    Thanks

 
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