re: re; why qgc worth $4 in 3 years Simple,
Spot pricing for natural gas is going to see significant growth which they will take advantage of with new contracts.
Property Growth and subsequent electricity demand on its way to doubling over next decade in all of South East Queensland.
Forward Contrats signed sealed and delivered with Invitec to produce fertiliser for the next two decades.
On target to be producing gas fired electricity through some of the lowest cost most modern gas turbine power plants in the southern hemisphere.
No native title issues on their well sites.
Top shelf management and alot of promising close proximity exploration fully funded through two over subbed spp`s.
Havent got any maths handy on me, but the revenue streams should see the yields starting in two years, I read it initially in an ABNAmro newsletter.
QGC
queensland gas company limited
5million shares traded before open, page-6
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