PEN peninsula energy limited

I just don't like the boom bust. It makes planning difficult and...

  1. 16,818 Posts.
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    I just don't like the boom bust. It makes planning difficult and contracting strategy critical. I don't think there's a decent hedge market for U either.

    You're right about the price of tomatoes but given they're grown all over the world with many different methods of preservation (they being mainly water. There is scope for substitution and some - what economists term "price elasticity". I certainly do it usually when I run out.

    IMVHO current two big points I happy about re- Australian Agriculture:
    • We are in a La Nina cycle giving us time to recover form the El Nino that fuelled ( pun intended) the massive 202 fires.
    • We are more readily able to skirt Chinese bans. I don't think they like having to pay top dollar for beef but all we can produce is beign taken a those prices.
    Last I heard they were calling us 50% drunks and only dependent on the being the lucky country.
    "Funny thing that. The harder and smarter I work the luckier I get." - Wanna buy some coal ?
 
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