Also the same boat, nice little 60% profit have been a long term...

Also the same boat, nice little 60% profit have been a long term holder accumulating at decent times.

my reason for staying invested is simple though;
- hard work done developing gas assets
- large resources to deliver strong revenue over decades
- easy tack on expansionary capital spend (low risk, no requirement for takeover or risky purchase to grow top line)
- conservative management that have delivered net cash position during project ramp-up. Business is in a very good position to reward shareholders through dividends for a long time period
- regardless of how stupid I think it is. Australia has made a firm commitment to ending coal power, and have a gas led recovery stated. The only way of achieving this and keeping power prices low is to support additional production
- if you were QLD government (or other government for that matter) would you back SXY or at least look favourably on them in a bid/tender land sale for gas production - 100% yes you would they just bought online $400M worth of gas production in great time, safely and reliably.

For these reasons, and hopefully a dividend, I am looking to retain my holding as a medium/long term holding in my portfolio.