STX 8.11% 20.0¢ strike energy limited

Ann: FY16 R&D Update, page-10

  1. 263 Posts.
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    The discussion on rights or wrongs of R&D knock back and government policy is pointless. Better to focus on facts and the reality.
    1. As expected, appeal has gone nowhere.
    2. Further R&D ATO response beyond the timeframe for spud of West Erregulla.
    3. Renegotiation or repayment of the R&D advance facility from the CBA due end of this month. I have stated before that I cant see why CBA would be inclined to negotiate.
    4. Farm out and/or cap raise required ASAP.
 
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