STX 12.0% 28.0¢ strike energy limited

Thanks gimo211, my statements all come directly from STX...

  1. 30 Posts.
    lightbulb Created with Sketch. 39
    Thanks gimo211, my statements all come directly from STX announcements.

    Yes the plant "might" be expanded but that is not the basis of the FID, FID is on 50TJ/d, to date.

    Yes STX can get more gas to market from additional assets and wells (this would be the plan/desire), however they will be limited to the size of the treatment plant, 50TJ/d. Fact remains that if Wesfarmers want 25TJ/d from STX share of WE gas they will get it at an agreed discounted price. Yes Wesfarmers could take less, but why would they if it was cheaper than the current domestic gas price.

    What we need to hear is from the JV, are WGO onboard with the AGIG plant, if so on the assumption 50:50 through put (for every 2 molecules that come out of the well, 1 is STX, 1 is WGO) then unless the plant is increased in capacity the FID for STX will have to be based on the price agreed to with Wesfarmers.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.030(12.0%)
Mkt cap ! $801.0M
Open High Low Value Volume
24.5¢ 28.3¢ 24.5¢ $7.221M 26.82M

Buyers (Bids)

No. Vol. Price($)
5 293004 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 820079 16
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.