STO 0.00% $7.94 santos limited

The buyers just keep on coming, page-48

  1. 4,506 Posts.
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    Pbnewby, so the first train will be complete, first shipment?
    Also even when this is in full production STO will still be losing money at the current poo?
    At $50/bbl oil GLNG would have to effectively double their production for them to just break even.
    Two issues with that.
    1) GLNG doesn't double their production and
    2) Oil is trading below $50/bbl.

    So I stand by what I said, they are & will be still losing money with oil under $50/bbl.
 
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