The advantage with that compared to waiting till Q126FY when reserves are certified is that they (Hancock) would be able to start making serious decisions on their own production facility FID whether it be on Lockyer or WE. It really does need to come to a conclusion and as you mentioned the MinRes type transaction would be ideal to capture any future upside.
STX Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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