Speculator,
I am not up to the detail you provide. But which I am thankful for.
These guys have this sorted. When they start to go backward I will change my mind.
ps Many a post I have lost on this site. Thanks for your opinions. The more intelligent posts the better.
The analysts have not yet factored in the doubling of the gas price..It's about to really upset a lot of people.. Australia already has the highest electricity price, now it is about to have the highest gas price. It could get ugly. But it is just a fact of life. Bit like Fonterra selling into overseas markets. The Aussie gas market is about to undergo some radical changes.Even a lot of small time producers are going to get a lot more profitable.
Senex is very well positioned to take advantage of Eastern Coast gas shortages and high prices. This is their big strategy .Might take a while but it is transformational. These are big projects.
SXY Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
