Max,
That is over 300 mines that are likely to want Perth Basin gas. (remembering they are also under pressure to be seen to be doing the right thing by the environment).
The renewable shift is undeniably real but these mines will supplant Diesel for Gas in the short to medium term with increasing renewables as they go. It will take a long time.
Can you imagine the amount of calls STX will be getting to purchase gas going forward ?!
IMO
Ann: WA Gas Market Update, page-8
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $615.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $1.234M | 5.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1802211 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1027089 | 14 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |