STX
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2.27% 22.5¢ strike energy limited

I am NOT implying there have one. In fact, I believe I have said...

  1. 618
    3,487 Posts.
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    05/06/24
    16:48
    Post #: 74179786
    I am NOT implying there have one. In fact, I believe I have said multiple times today that I don't believe they need a CR. You were asking me to entertain a "hypothetical raise", remember? SN also said during the half yearly session that they would definitely adjust their capital spend accordingly.

    I have been saying all along (you can go back through my posts and find them if you like - I can't be bothered ) that as long as STX chooses its development path wisely, it can balance its cash inflow/outflow until such time it can generate a 2nd revenue stream that will put it on a more sustainable self-funding position.

    618
    Last edited by 618: 05/06/24
    STX Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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