STX 4.35% 22.0¢ strike energy limited

Ann: 1Q FY24 Quarterly Report & Appendix 5B, page-84

  1. 406 Posts.
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    hi Tui

    i live in WA and have worked in the WA mining industry for over 30 years. I am heavily invested in STX over 1m shares. I totally understand this Company as I invested in the early days when they produced in the USA.

    STX is a small player in the gas industry here. Even if it gets SE up and running it will still produce not even 10% of supply to the domestic market.
    I am getting tired of Stu’s management. His performance this year has been average. All I am saying is he the right person to drive a company with a big capital programme over the next 5 years. My assessment would be no. He does not have the technical or business expertise. He constantly says things which cause grief with our JV partners and really this is not improving with Hancock’s entry.

    Can we afford another cluster like Walyering?

    Reading between the lines I think Hancock want to send there gas to Min to process.

    I think shareholders should question our BD around the constant agitation with JV partners. We do not have a good track record and it’s a significant part of our future. Let’s get everyone involved working together as it’s will benefit all.

    thanks for your response.


 
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