I worked out previously that the pipeline shown going to the east into Qld was headed for Tipiton.
Here's a couple of observations on the New York, Houston, London presentation:
Page 22 .. Investment Highlights .... this is obviously trying to attract investors. Under Strategic Location it says Capitalise on any potential shortfall in Gladstone CSG-LNG reserves ... so gas going north is looking like it is well and truly in their thinking.
Page 10 Reserves and Contingent Resources NOW support major new gas based initiatives OUT OF NSW [my emphasis]. The graph also highlights how the 9,000 PJ R+C will satisfy NSW domestic + up to a 2 train 8.0 mtpa LNG project. ITS BIG!
Mangels you can have a go at me if you like ... but to me the above seems POSITIVE!
I agree though Mangels that DC et al are NOT so flash at "selling" their story .. to shareholders or anyone else!
H
ESG Price at posting:
67.5¢ Sentiment: LT Buy Disclosure: Held
