BRU 3.66% 7.9¢ buru energy limited

...to increase value 10 fold..., page-6

  1. 907 Posts.
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    Our Bru-thers can find that article here:

    http://www.smh.com.au/business/us-shale-gas-may-become-export-rival-to-australia-20130519-2jur8.html

    Hi cujo, I share your view about rationalisation, but I do not share Barcleys prediction, that USA will export as much gas as Australia. The demand in USA and the future demand in Asia, as a matter of fact worldwide, will not allow for any gas glut worldwidefor decades to come..Therefore the gas price will not deteriorate.

    Following article is of interest:
    Natural gas jumps as U.S. approves LNG export project
    http://business.financialpost.com/2013/05/17/u-s-approves-second-terminal-to-export-natural-gas/?__lsa=c7bb-9c4b

    Yes win/win for BRU!

 
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