COI 5.13% 18.5¢ comet ridge limited

100% break out, page-40

  1. 20,387 Posts.
    lightbulb Created with Sketch. 1990
    How on earth can you spend 100s of millions on LNG import terminals when you are laden with gas as a natural resource . Furthermore isn’t the lefties argument about gas an environmental one - how does burning gas others produce improve anything - can’t see this ever getting up . may be thrown up as a solution for political reasons to justify the impending brown outs and black outs down south

    in terms of a CR - i would ascribe little chance to it . Maybe post pipeline deal and a couple of GSA with upfront pre payments , maybe they raise a little to be fully funded for phase one , but I think Comet will be trading in the high 20s / low 30s post these announcements and any CR of it was required would occur at higher prices than now . Ofcourse corporate activity also a possibility
 
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