STX 2.13% 23.0¢ strike energy limited

Ann: West Erregulla Update, page-60

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  1. 5,348 Posts.
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    It could be Mitsui, or it could be multiple other companies that have a chemical interest.

    One thing I do know, If you were a company importing relatively high cost fertiliser, or your cost of production was high (as is the case with Australian supply currently) then you would either want to be considering a equity partnership with STX's plan or you would want to make sure it didn't go ahead. IMO

    This may provide a catalyst for a company such as Mitsui to hit the take-over button sooner than they would have previously.

    IMO
 
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