Will be interesting to see the realities sink in over the next short while. Unless there are MGP expansions in the works but thats more spending anyway.
The re-rate is cool, but I am unsure how easily they can increase MGP production rates. This QPME/TECH venture has always relied on the possible extra free drainage gas, which is variable and wet. As far as I know there is a 60TJ rated TEG plant around there but isnt in use? There needs to be money spent and wells drilled. I doubt Mt Stewart will be converted to Gas. Unless the gov pays for it.
I will wait and see. Its not bad but also not good just yet.
QPM Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)