STX 1.19% 21.3¢ strike energy limited

All good ftroop, if STX doesn't suit your investment risk...

  1. 351 Posts.
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    All good ftroop, if STX doesn't suit your investment risk profile no problems good luck on your future investments, but would like to point out the assumptions you have on why not invest on STX are only your view and can be very different from what actually could happen.

    1- STX hold operatorship on WE there for STX can and will call the shots here, so you can give up this argument because its not gonna happen, at the present time they have a provisional 87tj/d plant on paper and could change depending on ED1 drilling and possible SE1 tie up to WE .

    2- DOM Gas policy at the moment is 50/50, I don't know if they will change or not but this is not baked in to our SP at this time , in my view some sort of change will happen, watch this space .

    3- Not all the Gas STX has on the WE Jv in contracted to CSBP only 100pj at a price structure that we dont know , again we are assuming a lower price but im sure STX will make a profit from this portion of the gas , the other 116pj STX portion of the Gas can be sold at a higher price and ED1 drilling can add to this.

    Some times in life too much negativity lead people into missing great opportunities.


    Last edited by Ratbox: 17/03/24
 
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