Letter introducing the new management team, page-29

Well it goes like this. Pump more and more water and wait.

While this is going on, there is a shortage of gas in the east, and also the SA government has a PACE grant which STX has applied for. Everyone is excited about getting some funding, and more importantly how much publicity it will provide for STX since it will cause rockets to go off under the share price. The play which has flown under the radar for so long will be in the newspapers.

Then we got 1/3 of what we applied for in PACE grant, and nobody cared. No rockets were launched, so lets get back to water pumping.

Then the managing director did an interview with an online publication and from this the writer has stated that commercial gas flows may happen in the next few weeks.

This got everyone really really excited because the Disallowed was coming soon. Everyone said it must be true - the managing director would NEVER make such statements without it being true.

Then the managing director resigned, and so did the Chairman (STX's largest shareholder).

Now the pumping continues, and continues, and while this happens everyone is busy planning a mega Oyster Feast in Sydney, in anticipation of these commercial gas flows. There's even talk of Cigars and Cognac. Wow, let's get more excited!

Not too much longer to wait until "a few weeks" expires, rockets fire from soooo much gas, and we are all rich.....

..... or another target is missed.

Then the pumping of water will continue. And we will all still be waiting.

GLTA.

DYOR.