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Perdaman is the ammonia urea project that matters. STX will not...

  1. Lithos
    892 Posts.
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    30/11/22
    15:35
    Post #: 65076349
    Perdaman is the ammonia urea project that matters. STX will not have the P90 necessary for Haber without WGO reserves to finance it, and therefore have to rely on a DD averse equity raise for far too much than the ASX will be comfortable with. any way you view this is not good for STX (unless they gazump the Hancock bid).
    WGO Price at posting: 25.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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