STX strike energy limited

sp for an uncommercial flow? , page-89

  1. pjf
    2,219 Posts.
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    Psi

    I appreciate your comments and I am digesting them, but you have previously said that the report from STO that the coals flowed equally was most probably incorrect and now you you seem to be questioning the knowledge of the D&M Consultants about the possibility of success of the STX coals. Surely you can't know more than they do.

    I realise that there would be a "gap between the complicated technical reports produced by consultants and the management of the company who need to make decisions based off them", but that is why good management employ consultants in this situation, to interpret this information and get the best advice possible.

    I am still aware that we won't really know how productive these coals are until we get the results of production testing. I do appreciate your comment as your knowledge is clearly much greater than mine but I doubt that it can be any better or even as good as the engineers and consultants engaged by the companies. I know that these type of investments are always a gamble but I do gain some comfort in the fact that many of the STX management are heavily invested in the company and I would presume that they would be doing all that they can to enhance their investment.
 
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