STX 3.95% 18.3¢ strike energy limited

Relaxed, I am not so sure you are right about a debt component....

  1. 5,348 Posts.
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    Relaxed,
    I am not so sure you are right about a debt component.

    the way I see it STX will be left with 30% equity in the project for supplying the plant with cheaper than market gas.
    The outcome of owning the vertical is effectively a higher realisable per GJ rate for each molecule that is turned into fertiliser in comparison to just on selling that molecule to a third party user.

    AND we get to own 30% of the infrastructure.

    you can easily see a multi-B company in the making here

    imo
 
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