STX 2.33% 22.0¢ strike energy limited

OOO, "I’m optimistic about Jaws. WE? Toss of a coin, I reckon"...

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  1. 4,041 Posts.
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    OOO,

    "I’m optimistic about Jaws. WE? Toss of a coin, I reckon"

    69% COS on WE. That is VERY high. I agree it has to be drilled to prove it, but that is an extremely high COS to start with.
    Some larger market cap companies would spend a lot of money drilling a 20% COS if it exhibited a large enough resource size.
    This is one of the largest prospective on shore drills seen in Australia in a long time.
 
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