Ann: Trading Halt-STX.AX, page-34

I agree with many of the comments so far but I think they had no choice as a company of this size trying to do what there doing (prove up a field) was/is going to be tough...this has always been the high risk nature of this project particularly after such a positive AGM from last year...the other fact is they are continually learning more about the best engineering options since the agm but this has required quite a few $$$ together with the admin costs to pay the board (although if you want this to be successful then you need the right people and pay them appropriately)...

I just wonder how they are going to sell this...(maybe not at all as we just had an update just before the trading halt) but the half - yearly accounts did allude to a MOU...in coming weeks...will this be mentioned...I suppose in the next 24 hours we will find out all...