Good post Jamie, There definitely is something brewing behind the scenes. Interesting to note Origin announced today they have gas flowing from Surat Basin into Gladstone and onto Curtis Island to start commissioning their startup for Mid 2015 1st export. The important part about this for SXY has to do with the spot price of gas a Moomba. As Tui posted a few weeks ago now, the spot price has dramatically improved at Moomba, now the Origin gas is heading for export. So SXY gas from Hornet and soon to be Vanessa gas fields will be receiving strong spot prices into Moomba IMO. Perfect timing for SXY really, well done ID and team.
SXY Price at posting:
35.7¢ Sentiment: Buy Disclosure: Held