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Ann: 1HFY24 Results and Operational Update, page-114

  1. Gharp
    4,087 Posts.
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    29/02/24
    21:07
    Post #: 72681430
    It wasn't a normal GSA contract was more like a commodity option which WES risked basically 2.5million if WE2 turned out to be a dud.
    they chose to exercise the option in 2020 with an agreed delivery over 11 years. You can't just get out of such a contract especially if it was a paid option.
    STX Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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