BIS 1.97% $3.62 bisalloy steel group limited

For those interested I have stopped researching bis armor plate...

  1. 9,643 Posts.
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    For those interested I have stopped researching bis armor plate opportunities as I believe they are obvious.

    So I return to the energy/gas issue.

    Found this article ABC 5/6/18.

    'NSW import terminal planned for port kembla,expected to drive down gas prices'.


    I'm not going to give any opinion on the fact we have to import lng and then convert it back to gas,but port kembla is the home of bis and bsl,with hopes the lng terminal will be operating from 2020 (only approx 12 months away).

    If you have any concerns re the bis message being gas is a potential material threat,this article appears very positive.

    ps facility has  many supporters/backers including govt,andrew forest and of course a big japanese co, including the greeny AGL for a gas powered plant and facility is expected to be a natural gas 'game changer' regarding nsw natural gas prices.

    Anyway,will try and follow facility developments but bottom line lets see what bis has to say thursday.

 
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