STX 2.17% 22.5¢ strike energy limited

Ann: West Erregulla Update, page-70

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  1. 8,769 Posts.
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    I see what you are saying Dangling.
    But if Labor get in and implement some sort of carbon price, I can actually see capital being easier to access for a company like Strike, because big financial institutions and superfunds will no longer need to take it upon themselves to deny credit to carbon intensive sectors of the economy (and drop the concomitant virtue signalling).
    If you let the market decide (in the presence of a carbon price) on the basis of pure economics, I am sure Strike's urea project would have no trouble raising capital in international capital markets. After all, urea is an essential agricultural input (we aren't going to stop needing it any time soon) and we can producer it cheaper and with lower carbon footprint than anyone else.
    But let's hope raising the capital for the urea plant isn't a issue anyway.
    Last edited by invertedva: 19/05/21
 
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