STX 12.0% 28.0¢ strike energy limited

it’s a better outcome than just processing gas and selling into...

  1. 402 Posts.
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    it’s a better outcome than just processing gas and selling into the local market. If they can pull this off it will be a reliable revenue source for many years. It also reduces the available gas for local consumption which puts pressure on Government export policy as I believe this field was due to come on stream during 2026.

    Should Min not develop its 250 Kt plant theres going to be a massive gas shortage.

    Higher pricing looms and similar to Haber the project is maximising revenue from our gas reserves. It will be interesting to see how the NPV compares to the earlier modular gas plant flagged for SE. Over to you @618

 
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