My recollection is all STX share of WE gas is contracted
listened to webinar
SN basically said they are committed to delivering the gas to wes ( and that they made pre payment) and also said it was struck at a very different time , basically confirming the much lower price without disclosing price but i have been told a number of times , including from the former WGO MD it was Mid 3s
Again , this is the objective truth and a key reason why the market has sold down STX so aggressively - because most of their current 2p reserves are not participating in current / future gas prices but are still exposed to cost pressures likely crimping margins even more
SN talking about migrating gas gives you a clear picture on SE prospectivity
re capital - being fully funded, his answer was they are funded for two wells. By dry hole costs i imagine he is saying excluding testing
The JV well with Gina/WGO sounds dead - reviewing is often code for not proceeding
In answer to valuation question yesterday
WE i put at 300m-350m value
TPD assets 100m
Remainder 150-250m
Please remember , its just an opinion, and everyone is welcome to have theirs. I dont get angry or inslult people who argue the stock is worth 1 b dollars so no need to get angry if i value it a 600m
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $650.8M |
Open | High | Low | Value | Volume |
22.5¢ | 22.8¢ | 22.5¢ | $208.0K | 920.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1059682 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 1696538 | 85 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 923879 | 0.225 |
36 | 1951745 | 0.220 |
25 | 1965149 | 0.215 |
26 | 3042500 | 0.210 |
31 | 1090489 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 1767597 | 89 |
0.235 | 1094408 | 10 |
0.240 | 625483 | 10 |
0.245 | 200000 | 1 |
0.250 | 589728 | 11 |
Last trade - 12.30pm 08/07/2024 (20 minute delay) ? |
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