Talking of fundamentals
What does everyone think about AGL taking a further 30% of Loy Yang power ?
AFR says the decision could be know in 2 days ...
I thought AGL was into gas ?
Why would they want more Brown Coal and a power station that has not been slated of a billion dollar hand out ?
Maybe they saw somewhere that ARUP was just about to complete the engineering study for a dewatering plant that could be a feed stock for coal to gas ?
Who knows but in keeping my options tight now after seeing this on the TV a few months ago...
http://www.abc.net.au/insidebusiness/content/2011/s3363568.htm
"WHERE IS NSW GOING TO GET ITS GAS FROM " ?
news, page-13
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