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21.3¢ strike energy limited

Thanks R75. I agree-except for 7.There is nothing in the Interim...

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Luck101

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141

24/02/24

14:23

Post #: 72576417
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Originally posted by roosters75: ↑

Hi all, I thought I’d start a new thread that focuses on the positives only.

PLEASE SAVE NEGATIVITY FOR THE OTHER THREADS!

Facts:
1. We’re producing gas at Walyering.
2. W7 has the potential to significantly increase reserves (perhaps double??) and we’ll be drilling that in Mar/Apr.
3. We have gas at WE and will be drilling more holes there in Q2/3.
4. No doubt SN will find a way to put the gas from SE1 into production. There’s no way he’s leaving that in the ground.
5. SE3 has pressure building in the well head, so who knows?
6. Despite points 4 & 5, the market has written off SE in its entirety, and then some. STX sp is cheap as chips right now!
7. We know the WA Govt will change the LNG policy. They’ve said so in black and white. We only have to wait until May for this.
8. Majority of instos have Strike at a STRONG BUY. Euroz adjusted their price target from $0.48 to $0.39.
9. Ocean Hill (albeit Q4) could be huge.

Lots to stay positive about in the coming weeks/months!

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Thanks R75.
I agree-except for 7.
There is nothing in the Interim Report which says a change in PB export ban is coming.
The more certain change is toward compliance with 15%-and thats where Woodside has a major problem.

STX Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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Last 21.3¢		Change -0.003(1.16%)		Mkt cap ! $600.7M

Open	High	Low	Value	Volume
21.5¢	21.5¢	20.8¢	$1.249M	5.921M

Buyers (Bids)

No.	Vol.	Price($)
59	1312450	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	503011	30

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No.	Vol.	Price($)
58	1308846	0.210
55	2034968	0.205
69	2490979	0.200
33	1330561	0.195
22	2369924	0.190

Price($)	Vol.	No.
0.215	528200	31
0.220	666542	11
0.225	857920	11
0.230	367152	13
0.235	962880	10

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Last 21.3¢			Change -0.003 ( 0.93 %)
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