STX 0.00% 21.0¢ strike energy limited

Ann: STX Acquires Interest in Highly Attractive Perth Basin Block, page-18

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  1. 5,348 Posts.
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    “But as has been pointed out, this together with the follow up work that will be required for Jaws in a success case means a fairly major capital raising on the horizon.”

    In the success case I don’t think shareholders would be that concerned about a CR done at a much higher price for a SCBGP development scenario, plus a potential transformational WA gas play.

    Yes it impacts the End result (your previous NPV, EMV discussion), but i am sure there would be large support for a project that had ticked off a FID.

    It just comes back to what your risk/reward ratios are from an investing perspective.
 
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