Hahaha sorry you are right they need to buy it back on the market before returning the shares to the original owner.
StX will have to issue some shares and oppies to Macquarie for the uncommitted/renegotiated facility could that be when shorters will cover , I don’t actually know , so the only option is hold tight and look back at the fundamentals.
Do we have Gas a commodity that everyone wants (yes)
Do we have a Gas Plant generating cash (yes)
Do we have dominant position in the PB with over 20 exploration leads (yes)
And I could go on and on but you get the picture.
Australian article re Hancock, page-145
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