My recollection is all STX share of WE gas is contracted
listened to webinar
SN basically said they are committed to delivering the gas to wes ( and that they made pre payment) and also said it was struck at a very different time , basically confirming the much lower price without disclosing price but i have been told a number of times , including from the former WGO MD it was Mid 3s
Again , this is the objective truth and a key reason why the market has sold down STX so aggressively - because most of their current 2p reserves are not participating in current / future gas prices but are still exposed to cost pressures likely crimping margins even more
SN talking about migrating gas gives you a clear picture on SE prospectivity
re capital - being fully funded, his answer was they are funded for two wells. By dry hole costs i imagine he is saying excluding testing
The JV well with Gina/WGO sounds dead - reviewing is often code for not proceeding
In answer to valuation question yesterday
WE i put at 300m-350m value
TPD assets 100m
Remainder 150-250m
Please remember , its just an opinion, and everyone is welcome to have theirs. I dont get angry or inslult people who argue the stock is worth 1 b dollars so no need to get angry if i value it a 600m
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 17.0¢ | $2.155M | 12.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 851855 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 131078 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 851855 | 0.180 |
15 | 1157857 | 0.175 |
36 | 2216342 | 0.170 |
28 | 2089452 | 0.165 |
39 | 1603646 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 131078 | 7 |
0.190 | 1377431 | 12 |
0.195 | 1127755 | 4 |
0.200 | 894999 | 13 |
0.205 | 685147 | 7 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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