WA Govt Gas Policy Report Today, page-130

you have 3 failed wells and 1 is not going to be feasible as the resource is miniature at SE

You have a power plant generating around 50 million dollars a year

Your cash on hand is around 20 million dollars

You need to raise around 100 million dollars to keep operating and drilling but now that SE has failed this puts you in a very big problem getting funds for 3 wells failed

STX is a 300-400 million dollar company I agree. But you have easy money to 26-28 cents making it a 1 billion dollar company and that’s still overvalued significantly on a swing and Gharp and Kiwi will be gone. Keep going