STX 4.65% 22.5¢ strike energy limited

you mean the 3 milllion dollars a quarter your funny. They make...

  1. 10,132 Posts.
    lightbulb Created with Sketch. 1981
    you mean the 3 milllion dollars a quarter your funny. They make no money the coffee shop down the road does more money in a quarter

    So this is your fundamentals:

    1. 3 million dollars a quarter
    2. 1 out of 4 wells is operational for gas production and hence is not feasible
    3. Cash on hand now down below 30 million
    4. Cannot use debt because it’s uncommitted and don’t have a way of paying it back
    5. Small resource
    6. 750 million dollar market cap

    Now from the above right now of a raise in March coming you have 12 cents more than likely coming in. 12 cents with a 100 million dollar raise makes it a 500 million dollar company. It’s not Downramping it’s just fact and IVZ have more money than STX on hand and has a resource 10 times larger in one area alone and same type of dry gas for a 100 million dollar valuation
    Last edited by Roch2077: 22/02/24
 
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22.5¢
Change
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Mkt cap ! $643.6M
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22.5¢ 23.0¢ 21.5¢ $3.339M 14.95M

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7 337869 22.5¢
 

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23.0¢ 1651352 24
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