I agree with you - sp is king.
What is killing the sp:
Port Kembla LNG import terminal?
New resources tax by the Palucik labor socialist republic
Geological technical issues - too hard , too soft, not porous enough, too vuggy, too tight - ???
Potential Development costs
Low oil price
Govt threat of interference in the LNG market
On 11/6 they announced a new gas supply agreement up with O-I Australia a glass packaging manufacturer.
Is there some concern about the ability of SXY to deliver?
That should have been a plus for SXY yet the sp is heading for a new 52wk low.
Look at todays volume 13M+
Is this the Norwegians selling out?
I agree with you - sp is king.What is killing the sp:Port Kembla...
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