SXA 0.00% 7.0¢ strata-x energy limited

Ann: Presentation to the Good Oil Conference, Perth, page-3

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  1. 2,946 Posts.
    lightbulb Created with Sketch. 33
    Hopefully this presentation generates some interest, if for nothing more to let stale holders scramble for the exits.
    Hand milking a bit of oil out of US permit which is bringing in a bit of revenue. nothing to get excited about though.
    Market cap of $2.5M, with $1.1M in the kitty. Will be attractive to some, but isn't an investible prospect to most. The company (and O&G industry) was a different beast when most here initially invested.

    Plenty of markets to sell Botswana gas to. You obviously missed the slide that pointed that out.

    Yep, MD and Chairman are bleeding heavily on this. Don't feel to sorry for them though, as they've done exceptionally well out of other ventures. (RP runs a car racing stable - https://www.facebook.com/Wellpro-Racing-705054666233560/)
    I dont think it is, but I just hope this isn't an exercise for RP to plug his WellPro business.

    G'luck all.
 
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