I feel that she is just after the $$$ that will come from the...

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Melindax71

447 Posts.

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22/12/22

13:01

Post #: 65415146
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Originally posted by jake0002: ↑

I posted this over on STX board.
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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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I feel that she is just after the $$$ that will come from the gas!

WGO Price at posting: 31.5¢ Sentiment: None Disclosure: Not Held
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I feel that she is just after the $$$ that will come from the...

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