STX 2.22% 22.0¢ strike energy limited

It doesn't help, and TBH it's painful to watch, so I will fill...

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    It doesn't help, and TBH it's painful to watch, so I will fill in a few gaps for you. I haven't done a deep dive into the quarterly, I wasn't on the line, and haven't caught the replay, and I am only going to end Q1FY25, but here goes...

    Revenue Q4FY24 $20M (full earnings from Alinta GSA kick in, no lift in production)
    Revenue Q1FY25 $20M (as above)

    less projected exploration 30/9/24
    SE $0M
    W7 drill $10M
    ED1 drill $10M (50%)
    TEG drill $5M (25%)
    WE FID? $10M (Q4CY24?)

    less opex
    Walyering $9M
    Debt reduction $6M
    Corporate $7M


    total expenses for the next 6 months = $57M
    net movement = -$17M

    some long lead items may have been paid for pre 31/3/24 but let's leave them in as we can't verify this

    How does that look?




 
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