mondays vwap 9.9192c so where to today, page-3

Once again looking at the charts it shows we are trading pretty much as it should..
Comparing it to ESG and PLA, we are much the much.. same little spikes up and same retraces..

If you have a look back Aug and Sept 06 of ESG when it was trading around the 9-10c, it shows MPO doing much the same.. so it looks like our time frames are in order.. Personal I think our spikes will get a little harder, if and when the reports out of China start to flow. But the worrying factor for me on the china reserves is how good the contracts that are in place with fortune.. The Chinese are just as likely to nationalise anything that is energy producing at anytime, much along the same lines as Vladimir Putin has been doing in Russia..

I’d like to know more about the China play.. things like.. how many Australian personal are on the ground, What sort of tech support is MPO giving.. and just how big the estimated reserves are.. Think I might have to do some digging on Fortune and see what I can unearth.. Anybody got reports of Fortune’s they can send me?

Then again there is the proven reserves here in Australia and the good old USA.. bring it on I say!!!

On a side track.. did anybody read the article on the snowy hydro system in the Fin on Friday? Titled “Snowy rivals dirty on plan to conserve water”.. Basically it outlines how the Snowy Hydro team have been using less water and more gas to get above a baseline to earn $29 in renewable energy certificates per megawatt generated.. and that it is actually in their interests to have the dams lower so that they can burn more gas.. thus Trade more REC’s..

Trading in Carbon credits and REC’s is going to be huge..
Worth as much as the actual output of the actual product..