"IMO BG are simply saving face with their low yield CSG strategy after publicy advocating this for the eastern seaboard."
Absolutely Sav-J, you simply can't deny a process that extracts almost 10 times more energy (correct me if I'm wrong) with the same amount of coal. With the assets they have already aquired they simply can't just back away, as its still a very profitable business. So what I see them doing now is trying to slow the UCG industry, by questioning its process, and its bullying tactics with LNC/CNX/CXY.
Sometime down the track BG will be in UCG, its just a matter of time. UCG right now is CSG 10 years ago, an unknown, misunderstood equation.
I haven't heard of UCTL, sounds interesting.
- Forums
- ASX - By Stock
- rigs and bg
"IMO BG are simply saving face with their low yield CSG strategy...
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
0.002(3.85%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.3¢ | 5.5¢ | 5.3¢ | $7.099K | 132.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 132876 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 443216 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 132876 | 0.053 |
1 | 472949 | 0.052 |
3 | 440251 | 0.051 |
6 | 442000 | 0.050 |
1 | 125000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 443216 | 3 |
0.056 | 100000 | 1 |
0.057 | 345456 | 2 |
0.058 | 1350046 | 5 |
0.059 | 350000 | 1 |
Last trade - 14.28pm 18/10/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |