Like the thinking that MIN could make a play for NWE and then also tie up the other big player STX in the Perth basin. This would position MIN as the dominant gas player in the region that and there financial clout would make STX project Haber a very nice prize. Considering this has recently achieved government support and would be an absolute boon for the Midwest region as 30% of fertiliser in Australia is used in this region. This with NWE and the huge gas supply they would command makes economic sense . Could also support green hydrogen and or green steel projects with MINs iron ore interests . This is the sort of industry that would make the Midwest and MIN a World powerhouse.
NWE Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held