MEL 0.00% 0.5¢ metgasco ltd

against the tide, page-6

  1. 4,234 Posts.
    No sbatt, the market should not have been overly positive on the news of drilling, they will be on the results though. It seems you might have been around long enough, but still need to learn some fundamentals of projects and their impact to markets. But your knowledge as well as why you continue to hold your dog portfolio explains enough about your investment intelligence.

    I had a read of the article about the public servant. It seems he also has never worked a day in his life or understand the massive gas shortage that nsw find itself in. Waiting for all that data he is talking about, versus progressing the csg industry is completely unbalanced and does little to serve the greater good. The risks are not insurmountable, and there is more than enough evidence that the regulation of the industry is acting as a very good control and that they are in fact not materialising.

    The stop everything approach given the years of data that had been collected already implies that this scientist is more interested in spreading fear so his own tin pot will fill. Not unlike dr.santos and his "urgent" need to release his results. At a time when funding is hard to come by, it is a good move by him!

    SF
 
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