May be the reason for the price moving upward this week:
WA’s McGowan Government has set up a $9 million Clean Energy Future Fund which it will top up with the royalties of ‘unconventional onshore oil and gas projects’, a euphemism for fracking
Link below..
https://www.pv-magazine-australia.com/2020/05/01/fracking-to-help-fund-was-clean-energy-future-fund/
My analysis would be that the company will obtain a huge benefit from this.
STX, page-7
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