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Exc post. I read with interest the poor decisions made by WPL...

  1. DSD
    15,811 Posts.
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    Exc post. I read with interest the poor decisions made by WPL staff cuts. Def augers badly for them. Yup... i must have posted 50x how overpriced the Gladstone LNG plants sourced by CSG will be. And don't even mention the biggest white elephant of all Gorgon. Chevron is in strife.

    OSH plant is running at nameplate. JV with with ExxonMobile a top class outfit. But I'm bearish coz the price of oil is at 9.5yr low and LNG is facing a massive oversupply. I don't doubt the OSH team and plant they have built. It's the macro that is so poor. If POO or LNG leaps... I'll be the first to go long in OSH. But not yet.
 
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