I feel for holders. After watching Strike for many many years. Your patience has to date, not been rewarded.
Only had a quick read of this announcement, but... its almost like a reset, which seems to be needed, but... after so much waiting, well, as I said, tough position to be in.
The issue with Orica also puts a bit of a flag up, at least until they sort out the $$ issue.
The presentation implies they need to do horizontals now... Increased costs (perhaps better overall recovery/returns, but the wells are not cheap).
Good luck to all LT holders.
Ann: Strategy Update and Presentation, page-2
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