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22.3¢ strike energy limited

Ann: Strike Secures Gas Engine Contract, page-67

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03/08/24

17:03

Post #: 75058170
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Originally posted by schuma: ↑

Gas direct into the combustion chamber, no different to converting a car to LPG. However obviously lower heating value of nat gas compared with LPG. So in the feed gas the engine supplier with specify limits on H2S, CO2, hydrogen etc and then power and efficiency is a function of the feed gas heating value. The point being is these type of engine are very robust and can accept a wide range fuels, you can even specify them dual fuel so you can run liquid fuels - biofuel, diesel etc, heck you could even run it on condensate but this is a waste.

strike gas is very very high quality, which simplifies the gas processing which keeps the CAPEX lower.

they are absolutely going the right way selecting gas engines over turbines, I like this development concept a lot, and is the most value accretive option for SE gas.

I don’t post much, but have been around here a long time. Would buy more if the wife was more supportive

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Just get rid of the wife and go for it!

STX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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Last 22.3¢		Change -0.008(3.26%)		Mkt cap ! $630.3M

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