STX 6.52% 21.5¢ strike energy limited

Ann: 2Q FY24 Quarterly Report & Appendix 5B, page-269

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  1. 427 Posts.
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    The half yeay update quoted operating cost of 51 cents per GJ which is likely to come down further with additional production above the 24tj day senario you are quoting. Expenditure should be lower given our next drill is shallower and the other planned drills are 50% due to shared costs with Hancock. With all the effort you are putting into your post it may help to read the information put out by the Company.

    The Chair has stated that expenditure will be managed to limit dilution. I expect he would have a fare understanding of the forward plan and associated costs before putting out that message.

    Also can you refresh your workings and see if it still indicates that a CR will be nessisary or in fact our cash position will be increasing.

    thanks
 
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