SXY 1.59% $3.10 senex energy limited

News: SXY Senex Energy Granted Approval To Develop Western Surat Gas Project, page-8

  1. 1,360 Posts.
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    Not sure what other alternative ID has? Massive $500m capital raise and associated dilution to avoid going into debt? What a joke.

    BPT, STO, WPL, BHP in fact most ASX companies have debt...

    Somehow the Jemena deal is bad? Jemena have a lot lower WACC than SXY so it is a no brainer for SXY to outsource/rent the infrastructure side of their gas business, particularly to an experienced operator to Jemena.
 
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Currently unlisted public company.

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