This seems like patient money to me.
Good potential for news flow on the International front - esp commencement of field activities in India - but in the current climate the maeket will yawn
Qld domgas - some great moves wrt power generation - and effectively refusal to commit cheap gas - STO and QGC also refraining from selling cheap (and you can bet ORG holding back for their own future retail demand)
Qld LNG - irresitable logic. Whilst I like the concept of small train increments, other aspects of AOE/LNG scheme lack credibility. Does it matter? I think not, still heaps of potential for STO/QGC/AOE/BG to join forces.
Specific news - beats me. Lets just get over Wall Street - or at least the bits that Bin Laden/Bush's Saudi friends didn't demolish first. Then the logic of oil at 18 USD/GJ will drive csm values.
EL
Discl: AOE approx 10% of portfolio.
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