STX 12.0% 28.0¢ strike energy limited

Spot on Rexsh. Low cost gas is the key - if Strike truly has...

  1. 25 Posts.
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    Spot on Rexsh. Low cost gas is the key - if Strike truly has this they will take market share with good margins. On the demand side, people need to look outside WA. LNG markets are growing and the LNG producers will always want to push domestic prices towards netback. This is the opportunity for domestic producers - particularly going into 2023 when NWS comes off the plateau and no certainty that Browse will get done any time soon.
    Last edited by Sixtius: 12/11/19
 
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