updated coaltoliquid list blk lnc cxy glx mee, page-7

DrP,

Do you really think that these long term prices are realistic, and if not, i wouldn't site some opinion held by others.

Effectively, at 60/bbl (half current) we could be paying around 70c a litre (half current). I know its not linear, but as an illustration, no-one really beleives we will ever see fuel prices return to these levels.

Supply demand, and new supplies aren't being found to the degree at which the world consumes, and the saudies are relectant to increase the rate of production to their only export, to garantee its longevity.

High prices, or moderate prices are here to stay. Cheap prices, 60? forget it.

Just my opinion, but with cost of oil to remain high, the economics of these CTL projects stack up better and better.
Also with fed keen to see it happen and decrease our reliance on imports.

Coys like BLK, GLX are in the box seat for growth.

But i agree, it will take a long road to develope, but that's wont stop the sector from puting these coys into 100 mill mc territory.

cheers