STX 8.33% 26.0¢ strike energy limited

Have held for years. I'm not negative per say I just think...

  1. 1,724 Posts.
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    Have held for years.

    I'm not negative per say I just think people here are being unrealistic and probably confusing market conditions now for 4 years ago.

    As it stands this cooper project is looking like the another project that strike couldn't make happen. For example it's very possible they if they better focused on their efs acerage and picked better partners, targets and used better contractors they could have made a go of things there. But they didn't, it all fell by the wayside after a limited testing program (sure global oil prices were the nail but they didn't have the funds) and now they are looking at the cooper but again they have too few wells and have spent a year mucking around with ineffective well configuration. I think I'm pretty fair to say if some guy on a forum is calling their mistakes a year out then questions need to be asked.
 
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