The fact that it has a lot of gas does not mean that it is the best use of WDS capital to develop it. It is the price that you can sell the gas that is just as as the size of the field. WA onshore gas sales generate much less revenue than export gas sales per unit of energy. That is a fact.
With WDS already having the majority of the infrastructure in place for LNG, why would it chase domestic gas sales that do not generate the return that export sales do.?
It makes no logical sense for WDS.
HT1
The fact that it has a lot of gas does not mean that it is the...
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Last
$27.27 |
Change
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Mkt cap ! $51.83B | |||
| Open | High | Low | Value | Volume |
| $27.37 | $27.59 | $27.19 | $84.58M | 3.088M |
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| No. | Vol. | Price($) |
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| Last trade - 15.40pm 06/05/2024 (20 minute delay) ? |
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Last
$27.37 |
Change
-0.015 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $27.37 | $27.58 | $27.19 | 1495724 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| WDS (ASX) Chart |