STX 0.00% 19.0¢ strike energy limited

Chances of winning, page-103

  1. tui
    6,080 Posts.
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    rexsh
    Thanks your comments as always.
    My first thoughts were that STX wanted to push there 'excess' gas ( after 6 or so more future discoveries from their huge prospective permits )..... into the NWS system "Demand Sink" thereby getting a market for all their gas volume at very good prices. If they are not allowed to export or send it East why drill for it? Just keep it in the ground and try and get a reasonable price for a way less volume. I was rather hoping that STX's ultimate volume is going to be way higher than what Waitsia has.

    I will sleep on it . Maybe I am not looking on the bright side. I look forward to the Board's comments.
    Best
    tui
 
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