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02/08/23
20:51
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Originally posted by RedRooster2:
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I think Strike are under a lot of pressure at this stage of their projects. Pressure with regulations Pressure with Walyering production progress Pressure with Erregulla development and progress Pressure from Gina? Pressure from investors Pressure from finances When they announced their "Fast to gas Strategy" they may not of had all their bases covered. I dont think they are doing the dirty on Talon with regard to delaying getting Walyering into production, may have done the dirty with their press releases. If they had done a bit of side srepping I think they would not be walking away from negotiations. I think they need Walyering in production ASAP. They want the cashflow from this project and they want it all and on their terms but have come across some stumbling blocks from Talon and perhaps unexpected resistance. I don't think this is over yet, just hope that the cohesion improves and if it is NO go then I think it is time to advise shareholders and as a matter of fact time to advise shareholders now where this all stands and time to concentrate and report on Walyering. Managements keep an eye on HC, they say not so just like sports stars say they never read the press? BULL. We holders are not investing with monopoly money and now is the time for some disclosure. Both companies have bright futures separately or together, but let us in on the low down so we can make better invest decisions, especially now that you both have managed to significantly reduce share prices. Still not a happy rooster, but feeling a lot better than yesterday. Looking for some management direction, I know it is all raw still, but time for some comms. My opinions only. GLAH
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All we have to go on is STX announcement which implies they have moved on. Not sure we are going to get much more than that. The deal is off until such time as it is back on again, keep an eye on the AFR for updates. TPD needs to plan as if it is never going to happen, move forward under own steam. No receipts until October at the earliest is my call, hope I am wrong but hard to see it being any quicker than that.