Ann: Quarterly Activities Report & 5B, page-61

How can they not state what commerciality will be, it cannot not be market sensitive, it is the whole premise of this project/companies success. If they have a target we should know what it is, how do you measure your investment or judge if the project is a success without this key data? Many projects in the world that are uneconomically/unable to be booked as a reserve subject to current market price, distance from market, cost to produce.....

Rules for booking a reserve relate to the total cost of getting a resource to market, not just rate of gas. To book a reserve you need to be able to provide a sustained gas rate which has an implied value (based on market rate) that covers all costs, e.g. cost of well, cost of gas processing (removal of CO2) and transport to market. These are significant hurdles for Strike.

Further all this data needs to be reviewed by a third party and provided/auditable by the ASX prior to them stating a reserve value.