Still cant fathom why australia is building a gas import terminal in pt kembla, to give us lucky householders and business the chance to buy gas at cheaper, international pricing.
Senex has contracted the majority of its gas, but should have capacity for signing new deals in the not to distant future. Other players like stx, min, nwe, bpt {insert others} are on the cusp of potential amazing discoveries that could secure our country's energy future, and fuel our neighbours.
Why the hell arent the relevant basins awash with drill rigs? Why is it that we potentially have a half dozen operators jockeying in the background to secure slots and to work around each other over a likely 6 month period?
SXY Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
