So let's just go back a bit to the AGM at the end of last year and the BOD's of Strike (Stuart's) desire to have a multi - BILLION $$$ market cap/company and now look at the present situation before us in a Covid - 19 world - one and a bit quarters in and try and look ahead:
"Strike finished the quarter with $24.3 million of cash on hand ..."(source:1Q20 Quarterly Activities Report) + (as Elliot quite rightly indicates): potential $10 Million from a positive ATO ruling later in the year + Mir911 post earlier this week... "probably going to get WE3, WE4 & WE5 drilled way cheaper, as most drill rigs will be idle & at least $54B worth of WA gas projects have been delayed/canned " = a company cashed up ready to embark upon a very active drilling campaign ahead for the rest of 2020 and into 2021(WE3, WE4, WE5 & (maybe) South Erregulla(SE). When financial markets may just start to improve later in 2020...is it any wonder they are having a go at WGO now? 100% of gas within these permits...if SE proves to be successful and is bigger than WE I think they will achieve their goal. (just an opinion)
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So let's just go back a bit to the AGM at the end of last year...
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