Cheers Q,Peter O'Neill is an accountant,with a commerce degree I think.
O'Neill was educated at the Pangia Primary School, Ialibu High School and Goroka High School. After leaving school he was educated at the University of Papua New Guinea, graduating with a Bachelor of Accountancy and Commerce in 1986.[2][
http://en.wikipedia.org/wiki/Peter_O%27Neill
PNG just like Australia(politics aside),has suffered from Dutch disease.
Had PNG borrowed their thirty percent US$600 Million from the Chinese it would have adversely impacted on their terms of trade and added to their indebtedness.
If and its a big if, O'Neill funds PNG's governments thirty percent of Yanderra via the PNG-LNG project,it would be neutral as far as their terms of trade go.
The PNG government will also have the cash to build more power stations.
I still favour Thorium,as a power source(because its the cheapest), though I suspect O'Neill will tie Marengo into a gas deal,thus the PNG government cant lose(which I'm not entirely against).
The big caveat Q on what Ive said,its all speculation on my part.
Raider
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95.5¢ |
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Mkt cap ! $149.7M |
Open | High | Low | Value | Volume |
$1.02 | $1.02 | 92.0¢ | $1.819M | 1.893M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5250 | 95.0¢ |
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Price($) | Vol. | No. |
---|---|---|
97.0¢ | 5040 | 1 |
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No. | Vol. | Price($) |
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1 | 5250 | 0.950 |
1 | 10500 | 0.945 |
6 | 29291 | 0.940 |
1 | 5040 | 0.935 |
3 | 22040 | 0.930 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 5040 | 1 |
0.975 | 5040 | 1 |
0.980 | 5040 | 1 |
0.985 | 5040 | 1 |
0.990 | 9028 | 4 |
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