STX 1.14% 21.8¢ strike energy limited

Money mine mention, page-250

  1. 327 Posts.
    lightbulb Created with Sketch. 137
    I think Minres gets an exemption either way, they wouldn't have gone and paid Mcgowan all those directors fees to come up with nothing....that's not how CE does business.

    Some options are they say any development for shovel ready projects with designs soon to be (if not already) completed that has FID pending on that outcome will be part of an exemption for X number of years, same as what they did with Waitsia. Or they just overturn the policy and allow all to export up to a certain amount, with a trigger that they can turn it all back to DomGas if required.


    The first option leaves companies like Strike out in the cold as we have no projects ready to go yet. If this happens I think Hancock turns their share of the WE gas to the MinRes plant to access the export exemption, and then STX will have a very big decision to make.

    All hypothetical and IMO


 
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