Star Energy Share Price (STAR)

Hope you're right but not expecting too much from the geo results myself.

They seem to have downgraded expectations there going from...

" The Ernestinovo licence has excellent data from three deep exploration wells drilled in the 1980s and would suggest high temperatures and flow rates are achievable from this well ."

along with a timeline of

" with results expected by late January 2024, "

To no update at all until the finals late April where they've simply stated

" Executed well test on Ernestinovo-3 well in Croatia, satisfying exploration licence obligations. Data analysis from the well, once completed, will allow a ranking exercise for all three licences and lead to the production of a development plan for the most prospective opportunity"

No talk on flowrates at all let alone the promised high flow rates expected and in the Croatia ops section of the finals they try to claim that

"The primary objective of the testing programme was to secure the licence and obtain additional technical data on permeability and chemistry" which seems odd given their Dec claim that

" The Ernestinovo licence has excellent data from three deep exploration wells drilled in the 1980s"

All seems too woolly for them being about to report anything but disappointing flowrates imo.

Looking forward to the geo results coming out later this week.....should see us testing 15-20p

It has held this range really well, no dilution or cash concerns which are HUGE in this market!

Been floating around the 11-12p mark for many weeks now.

Accumulation is underway.

The next move will cause a wave of buyers as funds pile back in on geothermal results.

Better in than out on this oversold ticker.

Up more 60%, so sold a third

still hold 85k +70k shares

looking for just sub 10p for flipping sold position back

Was the May 2021 price mainly down to fracking upturn before the tory lobby fiasco..?