STX 2.22% 23.0¢ strike energy limited

Andrew Forrest casts eye over STX for entry into gas, page-7

  1. 223 Posts.
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    Nil.

    You're obviously jumping at shadows.

    AF is putting his side bets on hydrogen gas. Not natural gas.

    previously this was via FFI. He was trying it on with green hydrogen. He's a fan of pushing the bounds on unconventional theories, and other mining CEO have been known to comment on his penchant for stretching credibility. Witness his ill-fated venture with cannon brookes.

    so now that he's folded his FFI and kicked employees to the curb, he's chasing the dream of white hydrogen.

    that's why FMG is looking to acquire a large stake in Hyterra (HYT). HYT have just spudded at Nemaha in Kansas.

    it may go nowhere but $20m is loose change for FMV.

    when I was working at CSIRO, twiggy was doing some JV with the hydrogen mission set up by CSIRO in conjunction with FFI. He may have banked some IP in the process. HYT will be the SPV for FMG into white hydrogen.

    i can't imagine that ABC would ever run a segment touting natural gas..they'd rather self immolate en masse first. I'd be there with marshmallow if that were to eventuate.

    but no, there'll be no Forrest near stx.


    Last edited by Foibles: 05/09/24
 
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