STX 4.65% 22.5¢ strike energy limited

The EWC connection

  1. 151 Posts.
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    EWC (Energy World Corporation) which has a 33.3% stake in PEL96 (STX has the other 66.6%) was ahead 11.27% on release of the STX report this morning with sales at 33.5 cents. According to their website, "the focus of EWC's future development is on the expansion of their LNG business". That "focus" has just become a little sharper and they are obviously watching. Worth monitoring as an indication of how a large international company with a 33.3% stake reacts to progress in PEL96. DYOR.
    Cheers Happy Valley.
 
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