STX 2.17% 22.5¢ strike energy limited

Ann: West Erregulla Update, page-66

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  1. 8,769 Posts.
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    Look, I see the importance of gas to our transition to a low carbon energy, but am still flabbergasted that a government that prides itself on small government and harnessing the power of the private sector is willing to invest $600 million of tax payers money in a gas plant (not to mention it completely forsaking any semblance of fiscal rectitude despite its obsession with fiscal surpluses these last few years). Remember their justification for shutting down the car industry?
    It really has become topsy turvy world when the Coalition advocates socialism for some sectors of the economy.
    Nonetheless, the current political climate may help Strike secure the capital it needs for its urea plant, in the face of other significant headwinds.
    We just need to raise the capital and get through the regulatory hurdles ASAP.
 
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