STO 0.50% $7.98 santos limited

The buyers just keep on coming, page-46

  1. 7,515 Posts.
    lightbulb Created with Sketch. 337
    Also is GLNG really starting up in this week ?
    Sounds like a spruik to me.
    You want to be right otherwise just creates more disappointment.


    Here is the thread "Don't panic" from stockjunkie86:

    http://hotcopper.com.au/threads/dont-panic.2598196/#.Vf1lZcsViUk

    and here again is the link stockjunkie86 kindly put up from the HS:

    http://m.heraldsun.com.au/news/nati...-boss-david-knox/story-fnii5yv7-1227533447716

    """DON’T panic about Santos’ low share price because cash will soon start flowing the right way for the energy company, managing director David Knox says.
    The Adelaide-based company is just days away from a major milestone in its transformation into a significant Asian gas supplier.
    It’s $US18.5 billion plant at Gladstone is about to produce its first liquefied natural gas, a process which enables methane to be shipped rather than piped.
    This opens up exports which in time will see the Gladstone LNG plant supply 11 per cent of Malaysia’s gas and 9 per cent of South Korea’s gas.
    “Shareholders should have confidence that GLNG is coming on-stream and it’s going to run well,” Mr Knox said.""
 
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