two related(?) items, page-12

chillam

you want to know whether strike's management are up to the task; the short answer is yes. ie. if the task is to generate no new income in the past several years and to spend every cent raised from cap raising into fruitless exercises.

well the cooper basin exercises are unproven, so i might be too quick to assume all exercises are fruitless, but until unproven, punters can continue to live in hope and maintain faith in management and won't hear an unkind word about them. (i won't score any ticks for posting these comments)

in spite the string of unsuccessful enterprises, the paucity of detailed and regular updates and their inability to finance the progression of their cooper basin real estate, and a share price that reflects, in the majority of cases, substantial losses, punters still believe management are diligent and modestly capable.

until proven i otherwise, i have a different opinion.