If I had a few hundred million dollars lying around, I wouldn’t sink it into the Beetaloo unless I was absolutely convinced that the gas could get to market economically.
Relying on Canberra to get its act together on whether it needs gas is too uncertain. Policy changes year by year. Financing a large enough pipeline needs certainty.
LNG offers more certainty
1. Access to global market, as well as domestic Australian mkt via Kembla (Victorians will just have to pay full price)
2. Long term contracts
3. Finance available
4. NT Gov fully supportive, no question
5. Fed $1.5bn infrastructure investment
6. Current Darwin LNG facilities may have some slack in a few years
If I had a few hundred million dollars lying around, I wouldn’t...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $246.7M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $39.82K | 279.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 459036 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 164927 | 9 |
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| Last trade - 14.09pm 15/11/2024 (20 minute delay) ? |
| TBN (ASX) Chart |