"Gas supply contract availability for 2013-14 is very tight, and for 2015 and beyond not available," the report said. "This has placed a number of gas users in a precarious position. These users are unable to commit to capital investment across their business to secure future sustainability, not to mention continuation of current operations."
I just cannot believe that New Hope is not looking to capitalize on the above scenario and seeing $$$$ extending their ownership of gas assets in central qld- and they have a lazy $1.5 billion to put to work.
WCL Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held