Analyst Update, page-219

Tc, I hear and respect your view.

I do not have credible evidence (statistics and the like) to mount a contrary argument. But here is my opinion.

WGO is/was not a wild cat venture, therefore you are probably very close to the mark regarding probability of success.

However, nothing is perfect with gas projects, as is currently evidenced.

So, there is a probability, although small, that things could go wrong.

In view of this there is an element of trading in dreams and not assets, which I don't subscribe to.

Another thing to consider is, that according to the analysists,



Risk/reward.

Speculation may be over. STX's further development at the moment, IMO, is now down the hard slog of achieving milestone predictions, Hense, the twelve months target price of 22 cents.

And remember Walyering is the only source of revenue suggested in the report up to the end of FY2026. It must not fail. Any clues?

J L.