I'd speculate Elon will just buy the mine/resouce and own the whole supply chain to stay competitive if he has too.
I am not looking to puchase any BPT at this stage, just follow the stock. I was expecting more push back against the gas industry when labour came into power, it appears I was wrong there.
Off memory just after I sold, members had sold large stakes in the company and then downgraded resource estimates a couple of weeks later. I would call that bad management, however they have made quite a lot of progress since I sold.
The 'transition' to renewables in Aus seems to be more media articles than actual progress, so invetably the demand/supply of gas will come to a crunch point.
(speculation )
Ann: FY23 Third Quarter Activities Report, page-33
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$1.30 |
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-0.010(0.77%) |
Mkt cap ! $2.954B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.29 | $12.40M | 9.492M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 33191 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 78300 | 7 |
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