Cheers Q,Peter O'Neill is an accountant,with a commerce degree I think.
O'Neill was educated at the Pangia Primary School, Ialibu High School and Goroka High School. After leaving school he was educated at the University of Papua New Guinea, graduating with a Bachelor of Accountancy and Commerce in 1986.[2][
http://en.wikipedia.org/wiki/Peter_O%27Neill
PNG just like Australia(politics aside),has suffered from Dutch disease.
Had PNG borrowed their thirty percent US$600 Million from the Chinese it would have adversely impacted on their terms of trade and added to their indebtedness.
If and its a big if, O'Neill funds PNG's governments thirty percent of Yanderra via the PNG-LNG project,it would be neutral as far as their terms of trade go.
The PNG government will also have the cash to build more power stations.
I still favour Thorium,as a power source(because its the cheapest), though I suspect O'Neill will tie Marengo into a gas deal,thus the PNG government cant lose(which I'm not entirely against).
The big caveat Q on what Ive said,its all speculation on my part.
Raider
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Mkt cap ! $108.5M |
Open | High | Low | Value | Volume |
97.5¢ | 99.5¢ | 94.5¢ | $618.4K | 637.9K |
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No. | Vol. | Price($) |
---|---|---|
2 | 6173 | 94.5¢ |
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Price($) | Vol. | No. |
---|---|---|
97.0¢ | 48062 | 4 |
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No. | Vol. | Price($) |
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2 | 150000 | 0.940 |
1 | 11049 | 0.905 |
1 | 4000 | 0.890 |
1 | 1172 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 48062 | 4 |
0.985 | 25000 | 1 |
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