STX 0.00% 20.5¢ strike energy limited

You are making like an ill informed goose, Bigdaddy.Project...

  1. 1,229 Posts.
    lightbulb Created with Sketch. 313
    You are making like an ill informed goose, Bigdaddy.

    Project Haber was conceived by Strike, looking to sell gas into a very low SW WA market with (then) no way of exporting and Koch, A very large ($100B) fertiliser company. Koch would put in a $3B urea plant and Strike would sell them the gas. The urea would be sold to WA and indeed, all Australian farmers.

    Can you think of a better business model? Koch produces urea using Strikes gas with a price much lower than the world gas price but much
    better than, the then, SW WA gas price, and sells this urea to local farmers thus avoiding the cost of international shipping.

    Will project Haber be a goer in the future? Who knows? As you should be well aware, the SW WA gas price has escalated, there is a projected shortage of gas in SW WA and the WA government is yet to make a decision on whether and, how much, onshore gas will be able to exported.

    Under these circumstances I guess it will depend on how much gas is found in the Perth Basin which does not have an overseas market
    because of government controls and which is too much for the local market..
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $586.4M
Open High Low Value Volume
20.5¢ 20.5¢ 19.5¢ $1.799M 8.954M

Buyers (Bids)

No. Vol. Price($)
13 667539 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 506260 11
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
20.3¢
  Change
0.000 ( 0.75 %)
Open High Low Volume
20.3¢ 20.5¢ 19.5¢ 3597838
Last updated 15.59pm 14/06/2024 ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.