Thanks for posting that. Not something I would’ve read otherwise. Great to hear some cashed up big players are having a good look over the PB. As previously noted, if it’s going to be big it has to be bigger than drilling Lockyer Deep and taking out their smaller JV partner. Surely the writing is on the wall given their recent buy up of 19.99% (subsequently less after dilution).
Cross promotion not intended.
For me, given the responses in the transcript, it has to be about gas to a market. Not necessarily “the market”. But a market. Power generation? Seems odd given the distance to where the loads might be, where’s the closest of their mine sites? Alternative power generation and storage? I don’t know....
This could very well be the catalyst STX needs for their biggest question - where to send the gas they’re sitting on.
Given STX acreage and the potential multi-TCF resources, I’d be disappointed if they were taken out for 30 odd cents this year. There is such a massive upside potential. A T/O offer would be nice to set a price floor, but acceptance would be disappointing.
Very exciting times in the PB. It will be a different space in 5 years time. I’m super excited to be holding some players there...
I think the best exposure and upside potential is STX personally, but the current big guys in that area (MIN/BPT) are also going to see some great growth thanks to the PB.
Gripping my STX holding very tight and trying to accumulate at current levels.
disc - I hold NWE, WGO.
- Forums
- ASX - By Stock
- STX
- Ann: Half Year Financial Report
Ann: Half Year Financial Report, page-131
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $600.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.823M | 8.720M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 2609916 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 924248 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 2336026 | 0.205 |
75 | 2564156 | 0.200 |
31 | 1138462 | 0.195 |
23 | 716087 | 0.190 |
16 | 691247 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 834449 | 11 |
0.215 | 1028334 | 10 |
0.220 | 814924 | 10 |
0.225 | 677887 | 7 |
0.230 | 386302 | 11 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
21.0¢ |
  |
Change
0.000 ( 1.78 %) |
|||
Open | High | Low | Volume | ||
21.5¢ | 21.5¢ | 20.5¢ | 3418630 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
STX (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online