Interesting view ftroop, but I will just like to point out couple of things to your comments.
My understanding is the debt facility with Macquire is secure against the STX portfolio that's worth far more than the 40M commited and 80M uncommitted facility and was not dependent on successful drilling of SE2 and 3, since then STX has start producing and generating a revenue of 80M per annum, and is increasing this revenue in the near future pending DBP hook up, from SN own words Facility has not been reduced neither removed.
WE to be a off the balance sheet development , build and operated by AGIG with toll costs between $1 to $2 a Gj, so I don't see any pressure from Gina here.
SE possible peaker development according to Euroz should drop soon , putting to bed unitasation comments.
I must admit that It's a worry the amounts of shorts we have as they need to cover somewhere ,but perhaps they will just return the shares to the original owner
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Interesting view ftroop, but I will just like to point out...
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