SXA 0.00% 7.0¢ strata-x energy limited

Ann: Serowe CSG Presentation, page-2

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  1. 4,689 Posts.
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    IMO....A very good presentation, should give the Co a bit of a boost for now....

    Three minor issues for me though:

    1. Dewatering of wells....is a big issue, as water issues can make or break a gas Well. Also wonder what they will do
    with all the excess water.

    2. Still a way to go till completion thus allow say mininum late 2020 if all goes well.

    3. Funding so far allows for only two wells out of a possible 20 needed .... thus ??? more CR's in due course

    But all up seems like a good Risk -v-Reward investment for me. GLTAH .... & DYOR.
 
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