STX 2.27% 21.5¢ strike energy limited

Ann: 3Q FY24 Quarterly Report & Appendix 5B, page-60

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    Interesting that they also have no reached the decision to plug and abandon SE2/3....so perhaps there's something there? Upside if possible. Curious as to thoughts on SE FID on the basis of 1 well only...risky? Finally, he categorically said no need for a CR with all explorations planned being fully funded and further FID development being funded by facilities at that time. If they don't do any of these things they will be cash flow positive anyway. Seems like they're in a strong position and calls for a CR are probably just 'fishing'.
 
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