Hi Goldfinger,
So much has happened in the last few years. The world is changing exponentially.
Climate change is happening. I have never experienced such different global weather.
I feel a aggrieved that we have allowed our Govts to "denude " the planet to the extent we have. e.g. Bolsonaro in Brazil. The world from space looks very brown today compared to 10 years ago.
Re Australia's gas problems there are two main problems
1. The East Coast Gas LNG export model should have saved 15% for domestic use just like WA
2. The East Coast Governments have continually shied away from facing the reality that the best way to look after the East Coast economy is to drill for more gas. It just got too hard for them. Let the new guys look after the new problems. Well now it is too late. I wonder how many people realise that Australia relies on coal for over 50% of its electricity. And these plants are shutting down due to old age.
This long term procrastination is now getting VERY serious.
Fortunately STX has some serious brains behind what is going on. And have planned accordingly.
Best
tui
STX Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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