Ann: Central Consolidates Shares , page-51

age 39

4. Investment conclusions

Exhibit 35 presents the basis for our highlighting Armour Energy,Buru Energy,Central Petroleum and Strike Energy from
our screening as our favoured emerging players.

page 42

On a standalone basis, ignoring any contribution from its Texan assets,STX’s current EV infers a value of less than A$19/acre across its 3.8m of net Cooper Basin acreage.


I think STX is very undervalued and offer the cheapest land in CB!If including other assets, i think the CB asset itself is value at A$10/acre or lesser?

No action from big players? Unbelievable!