well said chevron . . while wgo is working in old school ways. have permit .. drill permit . . extract gas stx in contrast is clearly aware the world is changing and are building a platform to be the respurce company and next generarion energy producer. yes it is a long way off but with the strategic minds stx has gathered on its board i reckon they will deliver it. yes geothermal is a way off but love the strategy and futuristic thinking.
this difference in mindset is why all wgo will ever be is a gas producer selling gas for a dollar or two margin. stx in contrast will take that same cheap gas and turn it into fertiliser and make multiples of what the gas would have made. and then take their knowledge and generate clean electricity and create massive annuity income streams on top of their fertiliser income on top of their gas income .,. all of which the future market will scramble to own and pay a premium to be invested in clean energy.
the difference in vision is so contrasting . . rather back a company with a vision any day.
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