So much hubris. You are betting on STX coming back a third time (maybe) or someone else does (unlikely but could not be ruled out) or CR (highly likely all things being equal) is undertaken to assist the cash position. No Director wants to let the cash position fall to less than $5m in case of insolvency on their watch. So not really 2.3 qtrs of cash available. FWIW. Ox.
Ann: Discussions with Strike Energy, page-83
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