ESG 0.00% 86.5¢ eastern star gas limited

every bubble will burst its just how the cycle rolls... with...

  1. 993 Posts.
    every bubble will burst its just how the cycle rolls... with every cycle creates further or new investment within the industry whereby the bubble has become inflated. Look at the price of oil, is the earth actually running out of oil or is it simply, that more exploration is required to find new oil fields.

    Oil will crash like it did in the 70's new oil fields will be found (South America, Central Asia, Africa extensive exploration yet to be conducted) as huge amount of money is being pumped into it.

    As Ian Gorman of MPO has said "The CSG industry is comparable to that of the oil industry back in the 1940's" so there is still huge amount of r&d to go to establish this industry. The CSG industry will become flooded with wannabe companies which will help generate development and interest but only the main ones will survive when the bubble really burst.
 
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