Hey, wasn't this another thing the naysayers said would never happen?
And wasn't WE gas being contracted at a low price a major reason why no one would be willing to pay a market price for the WE asset?
The good news keep rolling of late.
No mention of repaying the $5 million upfront payment either..
All this make me wonder whether all this clears the deck for some corporate transaction (not necessarily a takeover) or is it simply another precondition being met for WE FID (i.e., making it more worthwhile from STX's perspective)?
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15.0¢ |
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Mkt cap ! $430.0M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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