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when did STX become a producer ?

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Cherry7

3,359 Posts.

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18/08/23

13:36

Post #: 69418851
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Originally posted by Spockie: ↑

Before we have chicken littles with the sky falling in, posting that STX is now competing with Gina and CE to supply heavy industry with gas - STX is in the unique position of NOT being an ore/minerals miner/processor while being a gas producer. We are in a brilliant space of being at arm's length away from mining/processing interests. STX will not be a future client's competition so they can safely buy from us without a conflict of interest. They can be assured that STX would not hold back supply due to a sour grapes business deal falling through. As these contracts cover forward sales for years ahead - clients will know that they will never be put in that position. If you were a director of heavy industry requiring a constant gas supply, you would be considering the immediate business outlook and the probable direction for years to come. Buying from STX would be a much better conservative strategy I would think, with an immense amount of business supply risk removed.

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when did STX become a producer ?

STX Price at posting: 40.3¢ Sentiment: Hold Disclosure: Held
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