STX 8.82% 18.5¢ strike energy limited

Ann: SE Power Project Awarded Certified Reserve Capacity, page-20

  1. 9,222 Posts.
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    Crowey I don't think you properly understood how badly the dusters at SE2 and SE3 set STX back. The precinct went in the bin (and with it a write off all money spent on the two drills and the gas plant planning), 300Pj of reserves went off the balance sheet and down the gurgler, and we will never know just how close we went to losing the companies preferred funder, damn close IMO. There was zero chance of the SP holding in that scenario.

    That being said, we should be sitting around 30c, and there is no shortage of theories as to why we are at 17c instead. I am happy to back in a return to above 30c. JMO.
    Last edited by Justadabble: Tuesday, 09:35
 
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