STO 1.45% $7.00 santos limited

STO Well positioned, page-612

  1. 237 Posts.
    lightbulb Created with Sketch. 42
    I was thinking the same re fcf
    BUT something is a miss here - fcf $380m approx 50% lower than last quarter
    cap ex is less than 100m higher than last quarter and prices for sales are even

    previous years results track the same ie first qtr and second but this year there is a gap of nearly $300m and the lagged jcc price there is only a 10% reduction in prices from previous qtr

    STO is burning cash is it to get projects up and running??

    concerned rc888
 
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