STU 0.00% 94.0¢ stuart petroleum limited

on the move, page-4

  1. 11,543 Posts.
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    another underwhelming announcement - jojo Jojo,

    I thought todays news from STU was a very dissapointing.

    Flows from Harpoono #2, and presumably Worrier#4 sound a bit of a let down. No mention of what is happening wrt Toporoa.

    Also refinery FEED was susposed to be complete April (a big ask IMO), now sounds like May or June.

    I still back STU ( made final top up at 165 yesterday) and reckon it has been grossly underrecognised, however not happy with management building up expectations, then dissapointing.

    Your thoughts?

    Entropylord

    PS Market warming to HDR again?
 
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