ROG 20.0% 0.4¢ red sky energy limited.

Purcepunter,Phew, bit of a read but interesting to say the...

  1. 863 Posts.
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    Purcepunter,

    Phew, bit of a read but interesting to say the least.

    To cut a long story short, IMO it's not about "going
    north" for lil ROG but to contribute towards the shortfall
    in NSW energy supply.

    Too much lacking in infrastructure (eg. pipeline) to push
    north for LNG.

    ROG are very much a third-party as surrounding company
    (eg. MEL etc) actions and business plans will affect any
    going forward decisions made in the ROG office. Having
    said that, it's hard to see any going forward at present :(

    Therefore, wobble all they like but NSW energy needs a
    boost and IMO gas will be needed to provide that boost.
    It's the resource that will be wanted, not ROG.

    Gaspew ;)
 
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