TEG 0.00% 0.6¢ triangle energy (global) limited

A lot of posters are of the view that BP closing Kwinana...

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  1. 600 Posts.
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    A lot of posters are of the view that BP closing Kwinana refinery is solely TEG's problem and that TEG need to find a solution
    Well I'm not so sure
    I believe there is oil in the Perth Basin
    So does no refinery = no exploration / no production?
    At the moment TEG is involved in joint enterprises / partnerships with KEY, PGY & NWE in the Perth Basin
    The no refinery problem requires a united multi company solution. Do you remember economies of scale?
    OR we can just leave the oil in the ground
    It's been a week since the announcement and 5 months and 3 weeks before the refinery closes
    There is time to find and fund a solution
    AIMHO & DYOR
 
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