STX 4.35% 22.0¢ strike energy limited

Ann: Walyering Production Update, page-158

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  1. 2,165 Posts.
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    Yes H/cash-what I'm suggesting is a replay of the WGO t/o but with different players.

    Mitsubishi keep buying TPD and then Mitsui come in with a t/o of Stx.

    At that time Mitsubishi take up the stx offer for tpd.

    Whatever tpd will be cactus.

    Then Gina can battle it out with the Japanese for stx.

    Over the last 12 months the Japanese have put alot of political hard work into making clear it requires Aust to be a reliable supplier of energy.
    Stx would be quite a prize-onshore,congas,close to high populations and workforce,sitting on pipeline etc.

    A sub could knock out the offshore pipelines as easy as pie.Repair is difficult.That doesn't occur onshore cause comparatively repair is easy.
 
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