DTE 0.00% 13.0¢ dart energy limited

next stop 25c?, page-15

  1. 1,074 Posts.
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    Music, DTE's Newcastle area tenements are shaping up to be one of the best for gas in place (see previous announcements). The reason there hasn't been much action for a year or so is that the NSW Government (including the old one) needs to think things through with all the protests. Don't hold your breath.

    That will pass and the NSW tenements will prove to be excellent for gas. However, it will probably be a lower priority for DTE than Scotland, China and Indonesia because the margins there are much bigger than Australia. I would rather they spent their capital over there early on. Scotland is the highest margin of the lot, so don't knock it.
 
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