STX 2.50% 20.5¢ strike energy limited

Ann: Wagina Gas Discovery, page-82

  1. 3,040 Posts.
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    Possibly because WGO is relatively clean where the big question with STX is Jaws. If Jaws proves to costly or indeed difficult to commercialise in the short term that will hurt . The old UIL blocks are Hope value and will take many years to be developed so by that time STX will be diluted, farmed down or bought out.

    Also STX have already commitments for selling gas from both WE & Jaws at a huge discount so that’s not going to help either.

    Never the less still good good money to be made
 
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