Ann: Webinar Registration for Q2 FY25 Quarterly Report, page-200

The best and cheapest way to aquire Stx is to dismantle it and buy it bit by bit. Thats what may be happening .
If we get offered reasonable money for We and sell sure we have cash and one less asset.
Then we may sell Se / power plant. Another asset less.
Then we have nothing of value in terms of market.
i understand holders will then say drill and see what we can find. At that point we can easily be acquired.
Thats how I would do it if I wanted Stx. Its all prospect at that point.
Our advantage is the assets we hold along with our potential tenaments and cash flow. As a whole we hold the cards.
once things are divested we are weak. Very weak.

To get full value we must maintain our assets which include ones that generate cash flow, others that are close to cash flow and the balance with varying prospects. Divesting any will play into the hands of others and give the way company.
The problem with company law is these assets can be divested slowly and individually without us shareholders input.
That said if the board hold firm and others truly want what we have there may be a competitive bid.

I’m not saying that’s what’s happening but keeping you informed.

The week after next will be interesting.