Hancock and Haber, page-2

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Assyrian2

710 Posts.

128

21/12/22

14:05

Post #: 65400675
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Originally posted by jake0002: ↑

I posted this over on STX board.

*******************

We all read the Hancock 3rd Supp Bidders Statement, in which Hancock asked questions regarding Strikes ability to fund, construct and complete the Haber fertiliser project.

Obviously this is a takeover battle, so each party uses any ammunition it can muster.

But it occurred to me, that Hancock group has and had, huge cattle and pastoral interests.

H had the Kidman cattle stations, which were one of the largest cattle accumulations in Aust.

H recently sold most of those properties.

Whilst H still has a few cattle stations, it appears that H are concentrating on the S. Kidman brands of beef product - ie up the value chain.

The point is, that H would very well understand the shortage of urea, fertiliser in Aust, would very well understand the need for Aust to produce fertilisers.

H would also be well aware of the value attached to a successful Haber Project. H would have used loads of fert on her properties.

H would have the financial resources to fund Haber, the connections and credibility to attract funders, and customers and equity partners.

So I can imagine that were H successful in acquiring a significant equity stake in WGO, that H would be very interested in talking to STX on participation in Haber.

maybe, even though H gave STX a "serve" on its ability to get Haber developed - in fact the Haber project may be one of the reasons H is interested in purchasing equity in WGO.

Later merge WGO with STX, or do a deal to supply WGO gas to Haber, in return for an interest in Haber?

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BTW
I just want to congratulate the one who sold 2 million shares at 29 cents beginning in the morning , Dumb move

WGO Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Hancock and Haber, page-2

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