from ord minett Investment view: Strike is continuing to make...

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  1. 1,295 Posts.
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    from ord minett

    Investment view:
    • Strike is continuing to make good progress with testing at both locations.
    • Gas flaring at Le Chiffre-1 and high gas saturations are positive, with the high gas saturations likely to lead to resource upgrades in the coming months. Project economics are likely to be enhanced as well, with higher gas recoveries per well and earlier attainment of peak flow rates.
    • At this stage the impact of flooding on operations should be of relatively short duration, with little if any further rain predicted in the area by the BOM for the next week.
    • We retain our Buy recommendation and target price of $0.25/share.
 
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Last
20.5¢
Change
-0.005(2.38%)
Mkt cap ! $644.7M
Open High Low Value Volume
21.0¢ 21.0¢ 20.5¢ $481.2K 2.298M

Buyers (Bids)

No. Vol. Price($)
24 1372660 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 407651 7
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Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
STX (ASX) Chart
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