STO has signed off on a 5 year deal to supply gas to Alcoa for...

STO has signed off on a 5 year deal to supply gas to Alcoa for several of its refineries in W.A. No price has been announced , but its cash flow , GLNG gets closer every day , with gas from the Surat Basin being delivered to Curtis Island off of Gladstone already. 18 billion in the making , that's 18 billion , that's a very big number , if this fails , Queensland will go with it , Gladstone will become a Ghost Town , the domino effect would be huge.
I am the first one to admit STO does have some risk , the S/P going down every second day does not help sentiment ( which is what I trade ) . I believe Oil / Gas will go back up again , that's a given , when it does sentiment will turn , then we will all forget about the time STO got to 5 or 6 dollars , BTW this time, the way sentiment is , it may well hit 6 bucks , bad if you paid 13 , but you bought it at 13 because of the fundamentals of the company , unfortunately the oil price collapsed and down goes the stock with it , rest easy. When Oil takes off again STO will go with it. I really don't think the Arab Nations are going to let us enjoy low oil prices for much longer , once they shut a few more Russians and Americans down with their low oil policy , low fuel prices will fade off into history once more.
Take a road trip in your SUV while you can still afford to put fuel in it. Low prices wont last for long.