I have read peak fossil will occur either in early 2030's and in late 2020's. I believe it.
Peak Fossil = Coal/Oil/Gas, and Coal demand is dropping as we speak. Oil peak will probably be mid to late 2030's and Gas peak may come after that.
But the trend is clear. My WDS strategy is sell off a parcel of my shares with each SP peak and exit this stock around the time Scarborough is scheduled to come online. Optimism in WDS forecasts will peak with Scarborough, then there will be nowhere to go but down.
WDS Price at posting:
$34.89 Sentiment: Sell Disclosure: Held
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