Maybe next time they'll be able to get funds that way and i'm sure they would've taken that path if it was possible at this stage considering the recent independent reserve certification.
STX's ann today seems to be rehashing a bit of old info from what i can read. The 50% COS of SE and the fact it's only 2D and needs 3D to confirm it was known already,IMO.
With the timing it could be an attempt to push the MC to get it into the ASX 300 rejig later this week,which i'd be happy with.
The possible timing of a SE drill is the only new news i can see.
As already stated there are a hell of a lot of hoops that need to be jumped through before that can happen and EP 469 is already approved and still the best near term SP driver with the upcoming appraisal and seismic programs just about ready to go and near term.
SE is quite a nice teaser ATM though.
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