STX - Strike Energy

[countrylad]

yep topping up too, have not been in for long like some shareholders who are suffering, so my risk appetite and exit strategy is a not as dire

 

[rcw1]

yep topping up too, have not been in for long like some shareholders who are suffering, so my risk appetite and exit strategy is a not as dire

3-minute chart

More bloodshed.

Support levels obliterated ... $0.132 today (07/04/25) ):

Very interesting tomorrow...
Holding *hit loads.


Kind regards
rcw1

 

[countrylad]

Its so difficult to comprehend this Strike have no export contracts that I am aware of all gas is for domestic use , so I cannot understand why the drop has occurred when there is no overseas exposure to attract any tariffs. Taking advantage to buy more.

Market is going to Market

 

[rcw1]

Its so difficult to comprehend this Strike have no export contracts that I am aware of all gas is for domestic use , so I cannot understand why the drop has occurred when there is no overseas exposure to attract any tariffs. Taking advantage to buy more.

Market is going to Market

yes @countrylad indeed so, and all STX gas resources are contracted out to energy providers, certainly something amiss... See what today brings then bloke...

Walyering gas is being delivered into two firm gas supply agreements:
1) with Santos WA Energy Limited to supply a total of 36.5 PJ of gas on a firm basis for a period of 5 years. The contract covers firm take or pay volumes as well as ‘as available’ gas supply, which provides flexibility to the joint venture as the field ramps up towards maximum production. The agreement is US-dollar denominated and escalated at US consumer price inflation.
2) with Alinta Energy WA Pty Ltd to supply a total of 3.4 PJ of gas on a firm basis for a period of ~2 years.



Kind regards
rcw1