STX 4.35% 22.0¢ strike energy limited

Ann: 2019 AGM Chairman's Address and Presentation, page-25

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  1. 827 Posts.
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    Quick points to take,

    1)Jaws still ongoing and will still be allocating capital as still huge potential, this is pioneering technology
    2) Board are concerned with potential manipulation of share price, and are monitoring
    3) Capital raising had taken place given external market conditions, including other raises, advice by Capital raisers and the Board did not want to raise when coffers were bear.
    4)Looked at cornerstone partners but also this could hinder future potential or potential taker over
    5) WA gas market heading the same way as East coast gas prices
    6) Processing facility wont be an issue
    7) Board want to realise the full price potential of Strike given what they have, cheapest gas, Highly prospective land holding, and not give the company away.
 
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