WDS 2.59% $27.50 woodside energy group ltd

I agree with that.I've been in WPL for over a decade. I'll buy...

  1. CHN
    704 Posts.
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    I agree with that.

    I've been in WPL for over a decade. I'll buy some more if it goes down to $18 again.

    WPL will make money filling the gap that gas will occupy but it is not a growth
    prospect. It is a transition solution. On that basis we will not punch through $30 again
    IMO.

    Whether you like it or not it appears that the recent COP will see governments everywhere
    reducing fossil fuel use.

    CCS is bullshit because it simply avoids the problem but the gas to H2 + a solid seems like the way to go because it doesn't
    create CO2. The process actually puts the carbon back in the ground which seems to me what needs to be done.

    Hazer (HZR) is almost finished building its pilot plant in WA and has a deal with Perth Water to
    turn methane into H2 + graphite. It just did a capital raising last month at 92 cents and
    is now trading at $1.50.

    I see no reason why WPL can't develop similar technology, or license it or just take over a
    company like HZR and use its fantastic gas resources to produce H2 and graphite?

    It will then be able to become a growth stock again.

    Cheers to all
 
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