STX 8.11% 17.0¢ strike energy limited

Thanks, mate.Yes, they have been talking about this, using the...

  1. J L
    1,791 Posts.
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    Thanks, mate.

    Yes, they have been talking about this, using the same wording as late as March 2024. As your post indicates, it is paramount that it be delivered on-time.

    But I am puzzled.

    I have trawled all over the APA site and can find no references to this interconnector in their project listing. I find that weird given its importance to PGP.

    I don't know how difficult the project is. e.g. are there big pressure differences requiring pumps and other complicated arrangements etc. or other impediments. I hope it does not have a low priority.

    They discuss extensively the PGP extension for hydrogen use but not the PGP/DBNGP interconnector.

    Projects tend to time overruns, and if this happens STX will suffer financially. IMO.

    A little more detail from STX would be useful to better determine short-term cashflow. It wouldn't be too onerous.

    Just my thoughts. J L.




 
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