just heads up for next time stuff liike this doesn't need to be it's own thread
"The abandoned scenario was based on assumptions that the Morrison government would deliver on its flagged interventions into the energy market to boost the development of new gas resources, as well as actively funding further development of carbon capture and storage technologies."
Well Pep 11 would me a major tick in both those boxes and would be a key ingredient in seeing the gas-led recovery plan actually work.
Submission time has been extended till the end of March so hopefully will see some new prospects included in the draft which will help AEMO change their tune. Either way if they change it from 'gas-led recovery plan' to “zero net emissions plan”, Pep 11 is still in the spotlight as a key player.
IMO
BPH Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held
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