MEL 0.00% 0.5¢ metgasco ltd

10 signs

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    @geoffreycann on tweeter

    10 signs NSW gas situation shifting:

    (1) govt gets serious with anti-development environmental movement

    (2) campaign starts to discredit global warming so as to give coal a comeback opening

    (3) lots of unexpected announcements of new gas finds, deals, sources

    (4) relaxation of rules to give gas developers more certainty of returns

    (5) asset value of stranded gas resources go up

    (6) asset values for companies dependent on cheap gas go down

    (7) businesses dependent on gas look to secure their own direct supply

    (8) alternative fuels get a boost as they look to be cheaper than soon to be expensive gas

    (9) a floating regas barge moors off shore Sydney harbour

    (10) NSW gas prices go above Japanese prices to stimulate market reaction.
 
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