STX 2.33% 21.0¢ strike energy limited

Ann: Financing Strategy Update, page-3

  1. 8,383 Posts.
    lightbulb Created with Sketch. 3040
    Fantastic news
    No capital raising until after:

    2P reserves from SE
    WE3 results
    Waylering producing gas sales
    Maybe - Koch deal

    i.e. until we are on the cusp of being a major gas producer.

    Also, we have Macquarie doubling down in support of the company. With those new options (also a new source of capital), they are very much incentivised to make sure the company succeeds.

    Also, interesting to hear they are structure Haber to allow an equity investment/farm down. Maybe Koch prefer to have an equity stake in the major projects they invest in?

    This sort of announcement isn't as exciting as 'flowing like the clappers' announcements, but are equally, if not more, important
 
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