STX 0.00% 20.0¢ strike energy limited

Strike has a $5 million prepayment from CSBP for up to 100PJ my...

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    Strike has a $5 million prepayment from CSBP for up to 100PJ
    my maths and gas m
    easurements aren't the greatest but I work that out at 20TJ a day is roughly 13 or 14 years supply
    Then theres Orica who wanted supply from jaws and could possibly be interested in supply from WE2 from what I can find Orica investments ( In Strikes top 20 SH list) is an arm of Orica limited

    https://hotcopper.com.au/data/attachments/1689/1689485-97f6bd55e7249a9404c45be763ceaffa.jpg

    As above I'm not 100% confident in my figures but on just the CSBP agreement , working on 20TJ a day and the figures I can find online for WA wholesale gas price delivered I,ve worked on $7 a GJ


    https://hotcopper.com.au/data/attachments/1689/1689488-b9ddf4f4472665e40b71364422efe911.jpg
    On the above I come up with turnover of roughly $50 million a year before costs

    (is my conversion from PJ to TJ to GJ correct? To come up with those figures )
    Then if Orica wanted feed from WE2 for its Australian, Indian, Asian businesses for feedstock to make its products then those figures could double/ triple again
    Last edited by lame: 18/08/19
 
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