This is what we are up against although its a gas example it applies to coal.
.
nsw premeir wont narrabri santos gas project fast tracked.
nsw opposition leader sup[ports narrabri gas project its capable of supplying 50 % of nsw gas and all will b produced for nsw.
Husic (industry minister) was asked about increasing gas supply in general.
He said yes there is a project in narrabri but that would only increase supply when pricing is the issue.
I said his name and thats what he said in a interview.
Narrabri will go ahead,i guess NA3 will go ahead now any dh should understand if u increase supply by so much u reduce prices,if u wont to make sure u reduce prices u open more supply in the surat basin,gallilee basin etc.
We shouldn't b in this situation its clear the govt doesn't want to increase supply.
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Open | High | Low | Value | Volume |
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25 | 27508 | 3.830 |
21 | 51020 | 3.820 |
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24 | 217719 | 3.800 |
Price($) | Vol. | No. |
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3.850 | 44249 | 28 |
3.860 | 65465 | 24 |
3.870 | 59970 | 16 |
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3.890 | 143486 | 9 |
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