It looks all to do with this funding facility otherwise STX would not have added the following to the statement "resultant negotiation of the finance facility," and just left it out that they've walked away after due diligence
At the request of Talon, the proposal was to also include an interim funding facility of up to $6 million to be available to fund Talon’s capital requirements through the scheme process.
Following the findings of Strike’s financial and technical due diligence and resultant negotiation of the finance facility, the parties were unable to reach mutually agreeable terms to proceed
TPD Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held