STX 2.56% 20.0¢ strike energy limited

re: further drilling its natural for people to be negative...

  1. 5,233 Posts.
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    re: further drilling its natural for people to be negative especially during these testing times when every stock is copping a battering.
    they seem to be conservative in their announcements.i havent heard them say anything that they later havent delivered.
    they said they are expecting 25 - 30 million cfd from all the wells. i think this gives the confidence that they are expecting a reasonable flow from all the wells.

    The SP was at this sort of price before they had any flow at all. it was pure speculation that they would have any flow.
    It reflects the time we are in.

    good luck to all holders
 
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