Ann: STX: Outstanding West Erregulla Flow Test Results, page-267

Petra Capital raising A$35 million for Strike Energy....
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A$30 million-in a single tranche to “Institutional” investors and A$5 million via a Share Purchase Plan @ A$0.23

Institutional.... Woohoo

They generally only invest when an upcoming opportunity to offload into a rising market occurs. Decent coinage so would expect some “significant” news to follow the raise Not going to invest those sort of dollars without a short term exit plan at a profit

Maybe potential JV all but signed on the dotted line ? Regardless of what it is, some type of positive news will flow after an Insto has invested their money

Good Luck All