Afternoon trading November 24, page-147

  1. 7,908 Posts.
    lightbulb Created with Sketch. 975
    Yeah no worries,
    I just checked some of my posts,
    And found one from the 11/7/21,
    When the SP was 12 cents.....

    an another on 10/2/21 when it was 14.5cents.

    Now it is less than a quarter of that, at 3.1.cents.
    And no closer approval.

    Just saying it can/will take a really long time.
    It really seems like it is too close to Beaches, Rich Voters, Etc.
    And the decision makers would prefer / be more likely to approve on-shore projects.
    Even then it would be doubtful in that area.

    There is no real point approving more exploration,
    If the Gas will never be harnessed and sold to Aussie customers.

    If their is no chance of actually mining the product,
    Why would they allow the risk of drilling,
    For no real purpose?

    I mentioned Mining rig earlier,
    Meaning actually producing / supplying Gas.

    If this will never be approved,
    Which at this point in time is very unlikely to be,
    Then their is no point on drilling something,
    That people can never use....

    On the other hand we do need gas.
    And at the time I fell for the Hype.
 
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