@Gprp sorry if I didn't make my position clear. I hold Strike, not WGO. I will add, this is in my "speculative/gambling" part of my portfolio. My thesis was based on resource size (although @Longpar5 did a much better job of valuing than I did), gas price pressures not likely to go away in the near future, the potential for the fertilizer business as an add on and advice from a trusted mate who understands the area much better than me. The fact that they are close to production and cash flow is also appealing. From my readings of announcements for both companies it does seem the management of STX are more solid than that of WGO.
It is certainly not a reflection of my standard wishes of 20%+ annual growth, good balance sheet, etc, but when you do have friends in a range of fields it can pay to listen and dabble just as long as it is in that part of your portfolio you label as "lottery".
