check the news, as offshore wind farms aren't likely to go ahead. Bowen is starting to realise this, as projects can't raise finance, no where to stage the projects from onshore due to port facility existing bottle necks with Hastings behind shut down by environmental concerns...
Gas with in the next 24 months here in Australia will be embraced by a pragmatic electorate & hopefully new federal government. All the stalling is infuriating across the industry,
Though importantly, as NT has cottoned onto, onshore gas royalties belong to the state or territory governments, with the volumes being flagged, NT should be like a Norway. Fingers crossed: as neither the federal or territory labor governments are standing in the way.. for now..
TBN Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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