GAS 0.00% 12.5¢ state gas limited

Ann: Change in substantial holding, page-2

  1. 6,134 Posts.
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    TEG tops up a little, presume the focus now is on timing:

    Re: Aug.22nd release

    "the Company intends to commence shipping CNG to end
    users in the Bowen Basin in late November 2023."

    What's the potential of this being on time?

    How might the market react?

    The stages advised in July Report:

    Staged market access
     Short term: Over next 3 months, deliver CNG solution to truck early gas and
    generate operating cashflow to drive future exploration
    Move to 1.7 TJ daily gas production quickly

     Mid-term: 35km gas pipeline for larger volumes (as early as 2025)
    10TJ/day of production expected
    In the GAS industry, particularly in QLD - anyone hazard a guess as to what "MID TERM" means?

     Long term: Integrated development of a substantial regional portfolio
    WOW, further semantics - can anyone fathom what "LONG TERM" might be?

    Regardless, good to TEG who I expect are closer to GAS than most shareholders in their understanding of the potential here!?

    Perhaps 2024 will be a turning point for GAS?

 
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