STO – Santos Limited | Aussie Stock Forums

Just thought I’d let you all know I bailed 2 days later, for a small profit (2 cases of bourbon lol), after reading further that the dammage will mostly be covered by insurance, but still puts a bit of a hold up on that project and the resources used in the cleanup/repair job, (if they can repair it, personaly I’m putting money down on it continuing to flow for years…a write off), could have been used elsewhere, and Santos (and partners) will have to foot the bill till insurers pay out (If they are found to be at fault)…liability will be contested by the insurer I suppose.

Was a small play and I reverse my position or bail resonably regularly depending on several factors….this time it was a slow response in SP and to jump on KZL and ZFX….and we all know why I did that!!!!…..If anything this looks like a riser to me but is too unpredictable at the moment…..and I’m more interested in Zinc at the moment.

Sorry I took so long to look back on this for comment….good luck all.

 

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