You would expect that STX are aiming to resolve the financing issue in May. That way the market can focus on the fundamentals of the two projects without the weight of funding uncertainties. Clear the deck so to speak.
Evidently the opportunities are there for STX:-So things are progressing and there is a market for STX. Be it via farm out, off take, debt or equity - likely a combination of these, given there are multiple commercial transactions in play.
- 28 March - "STX is pursuing several opportunities and transactions to add capital"
- 29 April - "STX is in advanced discussions on multiple commercial transactions for financing"
I am expecting STX to inform the market over the coming weeks and the full extent of the funding may come via multiple announcements, as the transactions are finalised.
You would expect that STX are aiming to resolve the financing...
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18.5¢ |
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