STX 2.17% 22.5¢ strike energy limited

Ann: South Erregulla Update, page-206

  1. 521 Posts.
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    kc
    They are very wise words indeed. The implications may be severe:
    Drop out of the ASX 200
    Not enough gas in the PB to allow export sales
    Mac Bank's uncommitted SE credit facility disappears or is severely reduced
    Gina accelerates WE expenditure
    STX net cash at Dec was only $41M
    Walyering cashflow is too small to service the debt and anticipated expenditure requirements
    A capital raising cannot be too far away


 
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