STO 1.79% $7.12 santos limited

Ann: Santos secures additional $1 billion bilateral bank facility, page-12

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  1. 230 Posts.
    Take a leaf out of NCM. Oil still has 50 years to go but with excess supply STO may not be able to pay back the loan. Unlike GOLD NCM will be able to pay back the loan as GOLD is never in excess supply and historically is upward trajectory.
 
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