Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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Ann: Webinar Registration for Q2 FY25 Quarterly Report, page-123
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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TRENDING NEWS
Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
19 Jun 2025In this Week 25 episode, we talk about the $30 billion takeover bid from Abu Dhabi that Santos (ASX:STO) will be mulling in coming days, claims Virgin’s impending IPO is “overpriced,” and Sprott buying up physical uranium. Listen Now
NEWS -
Sharenot so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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Sharere: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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Sharere: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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Sharelook who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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Sharere: not so stupid now**hey big ears**** You got me there big fella,
I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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ShareThere are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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Sharesandune, you come across as being so deluded by hate.
The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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ShareVery direct, and good post. It's only others that will feel the shame for the directors TSS.
A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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Sharerogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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ShareSo you can see both sides of the story matty.
I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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ShareAgree seuss.
I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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ShareI know. Maybe I didn't explain myself very well.
There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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ShareWe'd have loved to play with your mind GZ, but this one is just uniquely weird!
We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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ShareI am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)
I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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ShareI find that post rather repugnant and cynical cusox.
Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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ShareShadow, that is bull dust, and you know it.
If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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Sharere: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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ShareMaybe this sheds some light on it ............................
He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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ShareI get your drift joewolf.
The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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ShareAt this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.
CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Sharere: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!
Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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TRANSCRIPT: STX Q2 FY25 Quarterly Results Webinar -January 31
(NOTE: AI generated. May not read 100% correctly from a grammatical point of view)
Jill:So I joinedstrike in May 2023 as an executive director. So this means I know strike and Ibelieve it's a great company to be part of but I really enjoy working with thetalent and team.
I have 35years experience in the oil and gas industry and I started in Aberdeen andScotland working for an oil and gas major.
From thereI relocated to Perth where I primarily worked for Woodside Energy. During thistime I've worked across the entire oil and gas value chain from M&A andexploration right through to abandonment.
Thisexperience includes working on projects including power generation projects,operations, gas marketing, regulatory approvals and strategy and some of theseroles have included substantial engagement with joint venture participants andkey stakeholders such as the community and the government.
Indeed Iactually worked for the state government. for nine years as a non-executivedirector of pre-mental courts, chair of the Order and Risk Committee and chairof the board.
Socollectively, this experience aligns well with strikes business. Enough aboutme, let's talk about strikes business. Our first slide is our Q2 financial year25 highlights and the first highlight is the financial investment decision thatwas taken at South Yurigala for an 85-megawatt, fully integrated, peaking powergas station, which will be commissioned and operational by one October, 2026.
This finalinvestment decision is a clear demonstration of strikes nimble and innovativeapproach to monetise South Yurigala reserves. Furthermore, it is the highestvalue of creative concept to maximise value for strike.
Our secondhighlight is the flow testing at Yurigala D, which confirmed a significantguest discovery. Thirdly, STRIKE has now received all our environmentalapprovals for where to your Agala with receipt of the CommonwealthEnvironmental Approval under the EPBC Act.
And lastly,STRIKE made a contingent discovery at World Yearing East One. For each of thesehighlights, we have provided ASX announcements that will provide you withfurther information.
Now, forthe Q2 financial year financials. I appreciate there's a lot to read on theslides, but really to summarise, STRIKE's financial performance for thisquarter is as expected.
The reasonrevenue is slightly down relative to the previous quarter is due to the plannedmaintenance program. I would also like to draw your attention to the ASXannouncement that have a $160 million development facility with Macquarie.
strategicreview. Now, STRIKE has been incredibly successful since its strategic pivot tothe per basin, and we see STRIKE's value drivers in our business today,including a very strong market outlook for domestic gas and WA, a low-cost gasand confidence aid-producing asset at World Yearing, and we have a suite ofprojects in the development pipeline, including the recently sanctioned peakinggas car station at South Irigala, and we also have the West Irigaladevelopment.
Inaddition, STRIKE has resolved growth opportunities at Irigala D, Hill, andArino, Caddafini. And, importantly, we have a very strong team with technical,and operational capability that has a track record of discovering andmonetizing resources through applying an innovative and nimble approach.
That said,the rights project portfolio is undervalued by the price at which its shareshave traded on the ASX.
Soconsequently, we will be conducting a strategic review with the objective ofreviewing strikes project portfolio and determine how we can maximize value forall our shareholders.
And a keyquestion that we are answering is how do we monetize these assets to identifythe highest value pathway to market.
Therefore,the strategic review will consider all options, including seeing our assetsthrough to commercialization versus potentially divesting some assets.
This alsomeans that the speculation of a strike being put up for sale or some of thestrikes assets being sold is not a foregone conclusion.
I alsothink it's very important to recognize, and I want to assure you that it'sdefinitely not the board's intention to pause or delay any of our work programswhile the strategic review
review isbeing undertaken. That means the strategic review will be undertaken inparallel to our work programmes, including the execution of the South EoregalaPeking gas power station.
It has alsovery much strikes intention to maintain our agility and nimble approach becausethis has served us well in the past and we expect this approach will also serveus well in the future.
I think thestrategic review is also very timely because over the last 12 months it's beenreally tough for our sector so it's heartening to see the renewed interest inthe sector as well as the broader recognition of the role of gas in the futureenergy mix.
I thinkthat's really important, particularly in WA, given the state governments desireto switch off the coal-fired power generation in 2013.
I'm lookingat our projects. At World Yearing, Stryker is steadily producing at 10.25 TJ.day in line with our firm of take agreements.
It's a verysimple domestic gas plant, which is what we want from an operationalperspective, and it is this simplicity that contributes to the plant's strongperformance of over 98% uptime.
The plannedseven maintenance program was well executed by the team, coming in both underbudget and with a schedule.
Thewall-yering five-scope was a three-day program, bringing the total productiondowntime to 10 days in the quarter. We expect production above 25T days a daywill depend on market conditions, well as reserves replacement.
Now,where's Irigala and Irigala D? At last year's AGM strike advised, the targetFID of Q4 2024 would slip given Hancock's acquisition of the resourcestoothpaste and gasses.
And werecognise that Hancock need to drill too well. in the sacred which they'redoing now before we re-engage on FID timing.
Inaddition, strike plans to acquire the Neta 3D seismic survey this quarter andthat will give us greater clarity of Irigala D and with Irigala resources.
In relationto Ocean Hill we've got new seismic 3D which has been reviewed by strikesubsurface team and the objective of that review is to identify explorationdrilling targets and this is really important to us because today the market isnot attributing any value to Ocean Hill in our share price hence we want tocrack on and mature this acreage.
Now SouthIrigala, now I appreciate that there's a lot of information on this slide andthat's now available to you within the public domain period consider but as youknow last November the strike forward took a final investment decision for the85 megawatt fully integrated South Irigala Peking.
30% of theannual power generation fuel mix. And on this slide, it's really pleasing tonote that the market fundamentals continue to strengthen and support thepeaking gas power plants, including reserve capacity pricing, maximum energyoffer price ceilings and the demand for gas generated electricity.
And thisslide here highlights the increasing capacity credit pricing, including thepotential for a further significant increase when the 2027-2028 capacitypayment is announced in October this year.
So just towrap up for your sounds, our need to focus while conducting the strategicreview will be maintaining operational excellence at World Yearing andprogressing our major projects across the portfolio.
And that'snow I'm going to hand it back to you, South Emma, for to kick off the Q&A.Excellent.
Thanks,Jill. We've had quite few questions come through on the Q&A box. So foranybody who missed at the start, we'll be running this Q&A session as wehave in the past.
If youcould please use the Q&A box up the top and avoid the chat box, that wouldbe great.
And we willaim to get through as many questions as possible. I do want to reiterate thatwe have still, we are still using the hub on our website and that questions canbe submitted against each of the ASX announcements.
And we willendeavour to get answers back up there that will be publicly available. So ifany questions aren't in this session, we will endeavour to have them up on thehub as soon as possible.
So, Jill,the first question that's come through from Scott Ashton, can you confirmwhether another development will? Well, I see south aragula 3, sidetrack 1 orsouth aragula 4 is required at the south
We don'tneed to drill another well prior to bringing the plant online. That doesn'tmean to say that we won't drill further wells during the lifetime of thatproject.
And are youable to provide some clarity on the progress on West Arugala? It appears thatthe funding for West Arugala is now given 55 million in undrawn debt is stillpending.
What is thehold up in that pending debt availability? My understanding is we have thefunding from a quarry and really what we've got to do is engage with Hancock.
Now, as Imentioned, you've been drilling the two wells and they're doing that at themoment. our intention is to engage with Hancock.
In fact,I'm actually meeting with them later today and we'll take it from there. onDeclan Bonic. Are the results of the NUTA 3D seismic survey still expectedaround the end of financial year 2025?
Would theJV be waiting on this data before taking FID? No, the JV is not waiting on thisdata before taking FID.
What we'retrying to do is just get great certainty on that permit in terms of the reservespace. We kick off that survey next month.
As soon asthat survey is completed, we'll start the analysing that information. Ideally,we'd have that done by the end of this financial year.
If it'snot, then it'll be very close to it. But really what I'm saying is that surveyis what it's underway.
It's fullsteam ahead to analyse that data and then we'll take it from there. We've got aquestion around what and when is our next rig slot?
I'm sorryEmma, don't have the answer to that. I do Hi, this is two weeks, this is thatweek two for me.
don't havea lot of the detail yet, sorry, are you aware of one otherwise when they takenotice and put it out to yourselves?
Yeah, socurrently we don't have a firm rig slot at the moment. We're currentlyassessing our portfolio for what our next drilling opportunities are, be it ourportfolio options such as rig slot at the moment.
I justthink I will just enter that in my ears, as I mentioned before, it's not theboard's intention to slow down our programs whilst the strategic review ishappening.
So as Imentioned, you know, we're looking at Ocean Hill, looking at better fordrilling targets and that work is underway at the moment.
So we willlook for a rig slot at the appropriate time once we've completed. enoughinformation from that review.
Given thecurrent funding constraints, could you clarify for investors how strike canpursue exploration wells versus allocating capital to producing assets?
That's partof the discussion that we'll be having as a board for Ocean Hill. think we dohave a couple of options there, which is the preferred option.
We're notclear on at that moment. We've got a question that's come through as well,whether the board has received any takeover offers that they have not releasedto the market.
No, I mean,we have no takeovers offers and we're well and really aware of our ASXobligations, and we'll be making any announcement as and when we need to.
At the endof the day, I should say, at the end of the day, we're a publicly listedcompany like anybody else, and we will be complying with those.
wasaccordingly. A question from Matthew Walker around the DVP Interconnect throughMondara. When do expect to commence sales through Mondara and what are youtargeting in terms of annualised revenue?
I'm happyto take this one if you'd like. So as Jill mentioned in the presentation, anysales above our firm offtake at Wall Earing at 25 Terriels a day will bedependent on market conditions and reserves replacement at Wall Earing and anymaterial updates there will provide the market with in due time.
Thanks. Ithink that's answered a few questions that have come through on Wall Earing. Doyou have any comments, We've had a few questions come through on this.
If theboard is seeing the share price undervalued are you able to all on what theboard thinks their price is?
I thinkthat when we come clearer as we undertake the strategic review and firm up thevalues that we see for each component of our assets, know last year our shareprice can't, we'd be looking to get at least get back up to that, but I thinkthe strategic review will make that clearer for us.
Yeah, sure.And we've got some questions around the estimated time for the reservecertification and Eric other date as well as the testing of all yearing east.
Is thereany sort of soft timelines associated with this strategic review and will thestrategic review impact those timelines?
So from ourperspective that those work programs will continue as planned, the strategicreview, you know, wish. have that completed next quarter and once we'vecompleted that review we'll be advising the market of anything that we need toas a result of plan.
In terms ofthe timelines for those who specific activities Emma do you have them to hand?So we will be conducting the West Araguller review after we collect the NATA3D.
We hadadvised that that is likely to occur this quarter and then we're hoping to haveresults from that and be able to use those by the end of the financial year.
That willdepend on the seismic acquisition and the detail that comes out of that but wewill update the market once that's occurred.
Is thisstrategic review going to involve any external or independent consultants? Ithink the strategic review will be largely undertaken internally but we willuse a strategic review.
consultantto help us with that. And that individual would be an experienced person who'sundertaken strategic reviews of a similar nature.
And we'reactually going through that process at the moment and actually working out whothat is. And in the meantime, we've actually picked off some work under thestrategic review internally.
A questionfrom Mark Wiseman. You mentioned the board will consider assets to divestversus seeing them through to production.
Is thereany indication at this stage of which assets may be optimal to divest or whereyou have seen interest expressed as a specific asset out of attractivevaluations?
We have notmade any decisions in relation to which assets to divest. So actual divestment,it's not a foregone conclusion.
We actuallyneed to work through and understand the options for each asset before we cometo a decision around that.
and wedon't have any offers on the table for specific assets at the moment. I guessfollowing on from this there are potentially huge resources within the OceanHill and Arena areas.
Will thecompany ensure that current shareholders get the full benefit of any futuredelineation before assessing any global or opportunistic takeover approachesbefore this delineation is complete?
From ourperspective, if I say if deliberately we sold any asset it would be absolutelyat a market value.
We're notinto any sale of assets for sub-market value. So our plan as I mentioned iswe're going to start working or actually working at the moment on the OceanHill and working out where those drilling targets are and also for Arena atCanfini.
We'restarting to work that one up as well. It's full steam ahead on both thoseassets. think as you rightly said, we do see there's potentially significantresources there, and we're going to work through and try and mature those, andthe strategic review will happen in parallel.
Really,what I'm saying is that there's no foregone conclusions for any asset sales.We're going to be looking at the options, and there's a board working throughwhat is in the best interest for strike, and how do we maximise the value forthose assets?
Sure. We'vegot a couple of questions coming in around our working relationship with our JBPartner Hancock. Can you provide a bit of colour on how constructive andpositive these relationships are at the moment, and what they look like goingforward?
Let meanswer that a little bit a different way. So, I haven't met Hancock yet. Thatfirst meeting is this afternoon, which I'm very much looking forward to.
But let mestep back a little bit and go, you know, my approach to dealing with jointpension partners is to respect the joint venture operating agreements thatgovern those agreements and the rights and the obligations of those agreements,but also respect the people that manage the joint venture in a constructive andopen manner as much as possible.
You know,at the end of the day, we've got to work together regardless of who that jointventure participants and I've found through my recent past, creatingconstructive relationships is the best part.
Now, in anyJV, sometimes you agree and sometimes you disagree, so the challenge thenbecomes is working out how you can get in the line way forward.
So whetherit's West Euregala or any other JB, that's the approach that I'm going to betaking. Alright. A question from Peter Lewis about.
for thestrategic review, consider the obvious surprise suppression of structuresthrough ASIC or the ASX? Everything's on the table for the strategic review.
At themoment we're going through and scoping that. So that specific question I guessis we haven't looked at that specifically but we are going to be looking at howwe can increase the value of our share price.
Sure. And Ithink most of the questions that are coming through have actually beenanswered. So if this will be posted up on the website, so if you came in lateand maybe you missed something perhaps jump on our website later this afternoonand we'll have the Q&A up there for people to rewatch.
Again, wewant to keep this Q&A open so feel free to submit questions through. thehub, otherwise we will speak to you next time in the next quarter.
Thank you.Thanks everyone.
-
ShareWhat a fascinating thread reading back 3 months!
Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $444.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $463.3K | 2.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1907515 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 2847405 | 17 |
View Market Depth
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1584935 | 0.155 |
| 41 | 2241767 | 0.150 |
| 11 | 956699 | 0.145 |
| 12 | 1215698 | 0.140 |
| 9 | 841688 | 0.135 |
| Price($) | Vol. | No. |
|---|---|---|
| 0.160 | 2847405 | 17 |
| 0.165 | 1595827 | 22 |
| 0.170 | 1520192 | 20 |
| 0.175 | 2502294 | 19 |
| 0.180 | 1284389 | 17 |
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