This news from Matt McKenzie of the West: "STRIKE ENERGY GETS BACKING FOR MID-WEST GAS POWER STATION." "While Frontier Energy's solar farm misses out. Strike Energy's proposed new Peaking Gas Plant has won crucial backing to join the States Main Power Grid. But a solar farm proposed by Frontier Energy has missed out and shares in the business to be chaired by Mark McGowan dived 43% on the news." From Business New: "AEMO TICK FOR STRIKE'S POWER PLAY" (my bolds) From me: The 'PGP' will be able to increase its capacity, resourcefulness and utilisation once operational - It is BIG news but until closer to delivery it will be just an extra but make NO mistake this is genuine power play by company and a very clever and useful strategy. Can't help but be disappointed with todays market reaction, but obviously it is still being handled, just go back to the pictures of EDI flaring that will help it does for me. Hang on & in this pressure cannot continue against the flow for much longer$ My opinion & GLAH
STX Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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