STX 2.22% 23.0¢ strike energy limited

Andrew Forrest casts eye over STX for entry into gas, page-12

  1. 223 Posts.
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    Yes sorry, for clarity I don't think he's anti gas. He's ultra opportunistic, especially where he can socialise risk or cost, yet capitalise profit. It's the ABC who regard NG as a sin.

    AF may have real prospects of lobbying to get the taxpayer on the hook for this initiative. Obviously he'd have to stump his own coin for stx as no pollie is subsidising anything there.

    but who knows?

    I understand your frustration with exploration success not materialising to value, and a market that is telling us book value is half what we believe it to be. We all seem to share a sense of incredulity on this front. But I'm hopeful Walyering expansion marks the road back to sanity. I'd just like to know what the status of the expansion is!
 
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