STX 0.00% 21.0¢ strike energy limited

Ann: Terms agreed for $153m Development Funding Package, page-213

  1. 8,385 Posts.
    lightbulb Created with Sketch. 3043
    I had the exact same thought.
    If ED comes up trump, sell the tenement from $6-700 million. (Warrego went for $438 million without operatorship and ED results, which are hopefully positive)
    Return half the capital to investors.
    Use the remainder to finance SE generators, unlock Walyering, Ocean Hill and Arrino/Kadathinni.
    It's not like we have a shortage of prospective acreage.
    Just thinking out loud.
 
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