Ann: Webinar Registration for Q4 FY24 Financial Results, page-67

Someone posted that STX have done nothing to protect itself from t/o.
I disagree- they took the step of reducing the number of s/hs by -I think he said 8% in the webinar.
This step concentrates the s/hs into somewhat stronger hands.
Its a defensive move in my view.
Also the choice of drilling ED is interesting as if its successful it will help clarify a price.Its truly high impact if its like the Min results-water or very high flow rate.One or the other.
This is useful for Gina as well.
Gina sure is spending up big on shares-Lynas now.Previously Arafura,Azure,Liontown,WGO,Senex etc
This supports what I previously posted.She is making Hancock Prospecting so complicated that she can argue in her case with her kids that to unravel this scrambled egg now is just too late.
I thought Stu was impressive in the webinar.