STX 4.65% 22.5¢ strike energy limited

Australian article re Hancock, page-97

  1. 195 Posts.
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    Who will lend on SE1 before the unitisation risk has been removed or unitisation has happened? No bank in its right mind…btw if SE1 is unitised Strike will have rather less gas to sell and the security may not be enough to cover senior debt for processing plant etc.
 
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