O&G plays will return to the fore istina as they rightly should, the days of non existent answers for on demand energy are over, and the rush to build Nat Gas peaking plants up the East Coast is on due to the decline in coal produced power, and you do have to wonder how well the Peaker plants ever increasing and insanely profitable have been factored into the usage model of Nat Gas moving forward as they alone are huge users of Nat Gas when fired up, the price of Nat Gas isn’t going anywhere but up, and your graphs demonstrate very well the reason why EMP @ 6.6cents is TBH insane with a possible 2TCF in Bass Straight….. let the games begin again at open and let’s see how long it takes to achieve fair value for this leg of the campaign, which Imo sits at about 14 cents or 35m MCAP for This stage of the campaign potential 2tcf bass straight $$$$$$
EMP Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
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