HIG 0.00% 10.5¢ highlands pacific limited

Not the near term news we would hope for.I do agree that an...

  1. 784 Posts.
    Not the near term news we would hope for.
    I do agree that an alternate energy source like gas will be cheaper and less damaging to the environment.
    From Esso to the south.

    I was not happy with a Hydro Electric generation set up.

    The dam was to be 300m high at the wall.
    Earth quake risk enormous.
    I was in PNG in Dec 1970 and experienced a 7.6 quake centred north of Madang. Lots of native gardens slipped from ridge tops between Madang and Wewak. I cant imagine how a 300m high dam wall would fair.
    Construction time will probably be the same to finish as original. Tricky to lay a gas pipeline though.
    Conclusion :- probably better for the project.
    Cheers
 
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