STX strike energy limited

Mir911, I don't need you Tube to tell me simple logic. If you...

  1. 971 Posts.
    lightbulb Created with Sketch.  45
    Mir911,
    I don't need you Tube to tell me simple logic.
    If you chuck concrete down a hole 2km's deep .... the last 100m bend whether horizontal or on an angle will fill with concrete due to the sheer force of pressure = weight above it.

    This is different to forcing it horizontal for up to 1km's length ... which will be done once they do the horizontal drill and case.
    Its not even the casing event on this horizontal that is a major engineering concern.
    Its the Caviation issue of the well bore hole .... either before casing or after fracking .... that is a genuine risk factor.
    Its been done before, its likely to be done soon in Aus with Comet Ridge .... and more importantly ... even IF its all Cased successfully the fracking can damage it ..... so its all risk on risk on risk on risk.
    Just know your potential risk before you gamble away your life savings on this potential Muppet !!!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $359.9M
Open High Low Volume
10.0¢ 10.5¢ 10.0¢ 1.977M

Buyers (Bids)

Vol. Price($)
2670133 10.0¢
 

Sellers (Offers)

Price($) Vol.
10.5¢ 1532034
Last trade - 16.10pm 02/07/2026 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.