Ann: Macquarie Australia Conference, page-203

Thanks Mir. Appreciated.

Makes for an interesting read, and those here screaming 'a dollar' (or even $2) should do so. In according the 58-cent valuation, BP has factored in:

> An uncontracted $8 gas price.
> Walyering cashflow from next quarter.
> SE coming online from early 2025, and ...
> No near-term capital raise.

On that reading, a stand-alone Strike still has to build substantially on that position in order to get anywhere near a dollar. Success with the drill would be a good start.

So if you're looking for a short-term dollar - or two - your only chance seems to be a takeover. And while that's certainly on the cards, these events happen more often in the imaginations of HC typewriter jockeys than they do in the real world.

My money remains on Strike retaining its independence. (I have been wrong many, many times! )

OOO