Ann: 2023 Annual General Meeting, page-73

First 73 Last

Share
Profile

Follow
Justadabble

8,714 Posts.

2913

29/11/23

08:55

Post #: 71159823
Share

Originally posted by OT1961: ↑

The meeting went well. I did submit my questions via the voting platform however the technology failed and they did not get answered during the meeting. I approached John Poynton after and he was happy to provide the following comments.

Walyering delays were mainly due to over optimistic schedule, inexperience of the Strike team and some Suppliers letting them down. It was a good learning experience however it Will Not be repeated in the future. The Board is actively involved with the plant design process and have strengthened their project delivery capability for the phase 1 of the proposed SE.

JV with Hancock is developing. Initially Hancock had preferred for the processing to stay on the lease and were not happy with STX as the Operator. Over recent months the relationship has settled down. Poynton is very positive and excited about the prospects of the drilling next year and wants to get the development of the field moving ASAP. Potential to double the reserves with successful drilling.

WA Government to release preliminary report into Reservation Policy on the 22 December. Potential for a relaxing of the export ban is real.

The meeting room was full with many people standing at the back. I would say over 150 people were in attendance.

Shareholder participation in the voting of the resolutions was around 40%. I thought this was quite low. Its looks good on paper to have over 96% of shareholders in favour.

Stu’s presentation was numbing even though it was delivered with passion. Some of the KPIs were interesting and would be setting new standards for the industry. Being older than 45 and male made me feel past my used by date.

The Board stayed behind after the meeting. I also spoke with Mary Hackett ex Woodside. Again very experience and very positive about the future of the company.

SE3 70 meters from the primary target. Potential to be the quickest drill in the Perth basin thus far. Significant gas shows in the Bee Keeper likely to be tight gas. Stu showed some video of the flaring which was quite impressive. Logging needs to be analysed further.

Came away from the meeting with the intention to hold for several years to see this evolve.

go Strike.

Expand

@Goldfinger99 have a good read of OT's post

STX Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

First 73 Last

(20min delay)
Last 20.5¢		Change -0.005(2.38%)		Mkt cap ! $600.7M

Open	High	Low	Value	Volume
20.5¢	21.0¢	20.5¢	$217.3K	1.060M

Buyers (Bids)

No.	Vol.	Price($)
69	2657722	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	203656	15

View Market Depth

No.	Vol.	Price($)
70	2664926	0.200
12	510151	0.195
31	730115	0.190
21	906182	0.185
27	613742	0.180

Price($)	Vol.	No.
0.205	350625	19
0.210	1096073	21
0.215	1084111	18
0.220	2698985	22
0.225	1567260	22

Last trade - 10.17am 04/06/2024 (20 minute delay)


Last 20.8¢		Change -0.005 ( 0.10 %)
Open	High	Low	Volume
20.5¢	20.8¢	20.3¢	543248
Last updated 10.38am 04/06/2024 ?

STX (ASX) Chart

Ann: 2023 Annual General Meeting, page-73

Featured News

Kincora secures untested porphyry project Wongarbon in prime territory

Immutep targets $100m for lung cancer drug trial tests

Drilling doubles gold-copper mineralisation zone at GEO-01 for Antipa

Infini boosts WA uranium holdings with Bellah Bore East acquisition

Daily ASX Market Open: Commodity prices to weigh | June 4, 2024

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: 2023 Annual General Meeting, page-73

Featured News

Top Stories

Kincora secures untested porphyry project Wongarbon in prime territory

Immutep targets $100m for lung cancer drug trial tests

Drilling doubles gold-copper mineralisation zone at GEO-01 for Antipa

Infini boosts WA uranium holdings with Bellah Bore East acquisition

Daily ASX Market Open: Commodity prices to weigh | June 4, 2024

Buyers (Bids)

Sellers (Offers)

Featured News