Growing recognition from everywhere that gas is the choice fuel of base load going forward. Both international and nationally this is being recognised renewables in Aus are well behind and now many are saying it is impossible for govt to reach 2030 target as 75% of projects are not even planned let alone approved. The recent NSW wind farm is getting pressure from locals and greenies and took 10 years to get it to stage where it is to be built. Once the biodiversity protections come in , then these projects will take even longer
Guys - make no mistake. - Comet will do well and I expect to see industrial buyers step up. Those connected to industry know that even last year some big industrials bid energy users where quite asked to scale down production . Much worse is on the cards in 23-25
COI Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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