Please elaborate. More gas = more revenue is very basic and shows a lack of understanding of HOW they generate cash. They only really generate sizeable revenue when the wholesale prices are peaking, and they already cover these periods very consistently via TPS. More gas will only equal more revenue if they develop more generation capacity in addition to the TPS. Moranbah is a stranded asset, they aren't selling domestically and the net gas back from customers such as Dyno are not profitable. I was particularly disappointed this quarterly with no comments regarding new greenfield generation.
QPM Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
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