I agree and i am positive on HSW for Gas.They will go this way...

I agree and i am positive on HSW for Gas.
They will go this way in my opinion, but due to some state politics mainly.
I see Victoria is setting itself up for 50% less coal emission coupled (and with a 20 - 40%) greater output, due to up-and-coming brown coal technologies.
And NSW will never buy this brown coal derivative - no matter how much better it is all-round over black coal - and so will go with the tried and tested Natural Gas model, with a view to export LPG for state employment figures - due to having a vast international status for its supply potential with the Sydney Basin.

The reserves this company owns are phenomonally rich, and the company will be too and once the rest of us have an even trading/playing feild to capitalise on. Theres just a bit too much inside knowledge and/or collective trading going on at the moment (IMO) for me to feel comfortable in topping up yet.

Lautrec