Hi @agentdownload I agree the board wouldn't be forking out...

Hi @agentdownload

I agree the board wouldn't be forking out their hard earned, if this project wasn't going to be a success.

The directors did declare that they participated in the latest CR on two occasions, it was tucked away in a few announcements.

# 1 - From 7-4-16 Ann. - Strike Energy Limited (ASX:STX) (“Company” or “Strike”) is pleased to announce the successful completion of a $6.7 million capital raising by way of a private placement (“Placement”) to sophisticated and professional investors, including Directors (or entities associated with Directors) of the Company.

The Placement shares will be issued in two tranches:‐

65,300,000 fully paid ordinary shares (Tranche 1 Placement Shares) at $0.10 per share to sophisticated and professional investors within the Company’s 15% placement capacity under ASX Listing Rule 7.1.

1,700,000 fully paid ordinary shares (Tranche 2 Placement Shares) at $0.10 per share to Directors (or entities associated with Directors) of the Company which will be conditional on shareholder approval.

# 2 - From 26-5-16 Ann

Resolution 1: Ratification of placement shares

Proxy details:‐
For the resolution - 163,177,948

Against the resolution - 1,882,926

Abstain or excluded from the resolution - 76,489,886
At proxy’s discretion - 8,836,354

To all stx poster's, I have enjoyed all your posts over the last 6 month's, and I'm also looking forward to that commercial production announcement really soon.

All the best
Tradealot