STO 1.76% $6.92 santos limited

Nah their debt is low enough now. They can start borrowing to...

  1. 1,346 Posts.
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    Nah their debt is low enough now. They can start borrowing to complete Narrabri, that will be a cash cow, and feed Victoria for decades to come. They also have 1 idle train so if they can get more gas into it Bob's your uncle we will see HUGE upside. Just hope the Environmentalists can take a more practical approach after all the impact from Narrabri is nothing compared to the expansion of the Snowy Mountain Dam: "Proposed hydro development is located in Kosciuszko National Park, a very environmentally sensitive alpine area. Construction of infrastructure like tunnels, power stations and powerlines inevitably has environmental impacts".

    In essence what they are saying is natural gas with almost no impact on local wildlife is bad but killing off species by depleting rivers is very good. The world is a crazy place.
 
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