TPD 0.00% 21.0¢ talon energy ltd

Ann: Discussions with Strike Energy, page-372

  1. 9,164 Posts.
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    I think $200M is way too conservative to achieve these stated plans:-

    Strike Energy Limited (Strike - ASX: STX “Company”) is pleased to announce that its Gas Acceleration Strategy which includes the timely development of the Walyering, Ocean Hill and the South and West Erregulla gas fields... Ultimately, this assistance will support Strike to remain on track to deliver these four critical domestic gas projects into the WA market as planned by the end of 2025 - Stuart Nicholls, 8th June 2023

    What I think is of interest is the order of execution. We know Walyering is 1st. We can guess Ocean Hill is 4th. Which one is 2nd? Which one is 3rd? Or do second and third need to be done sequentially to appease a powerful JV partner?

    The unanswered question, has STX got ambition and ability mixed up? By extension, does STX need the $30M+ from TPD's share of Walyering to put their GAS back on track. I hope Colby is cognisant that STX's posturing on deal 1 and 2 has delivered him supreme leverage should STX come knocking again for deal 3. JMO.
    Last edited by Justadabble: 08/08/23
 
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