STX 4.26% 22.5¢ strike energy limited

Strike - undervalued despite company-making announcement, page-144

  1. 618
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    Are you referring to Clough being placed into administration? If so, this isn't more of a delivery issue rather than a supply issue. It will probably cause a delay to Waitsia-2 completion timing as they will need to work out what they are owed, if any, and find a replacement engineering company to take over. BPT acquiring more gas won't fix that particular problem. This is not to say they are not looking for more gas, which they obviously are.

    618
 
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