Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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woodside energy group ltd
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
---
Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
---
Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
---
These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Crude oil prices today - Oilprice.com
Breaking News: Oil Bulls Cheer A US Inventories See Surprise Draw
LNG Slowdown in Asia Masks a Bigger Surge Ahead
Europe’s Natural Gas Prices Rise on Supply Outage in Norway
Home Energy Natural Gas
Woodside Energy Expands into U.S. LNG Market
By David Messler - May 28, 2025, 5:00 PM CDT
Woodside Energy has acquired and approved the development of the Louisiana LNG project to expand its presence in the U.S. LNG market.
The Louisiana LNG project, formerly known as Driftwood LNG, will significantly increase Woodside's LNG production capacity and position it as a global LNG powerhouse.
Woodside is pursuing strategic partnerships and equity sell-downs to manage capital commitments and mitigate risks associated with the large-scale project.
Natural gas
Suppose you wanted to get into the LNG business in the U.S. to take advantage of the global low-cost of supply advantage held by America. So the desire and the rationale are there, but you'd like to avoid some of the headaches associated with building a liquefaction facility. Site selection, permitting, financing, and associated infrastructure to support moving field gas to your site; essentially 7-10 years' worth of work and trouble before you ever make a dime. In the meantime, maybe your stock tanks from upfront capex and interest charges, perhaps the commodity market turns against you, or a competitor beats you to the market and soaks up all the good offtake contracts. A myriad of stinging little flies to potentially beset you as you lurch toward FID. If you're a typical CEO, your consumption of aspirin and antacids begins to rise exponentially.
Or you could just buy one off the shelf. One fully the biggest of these headaches, with ground already broken from an operator nearing bankruptcy and willing to sell for a song. It should also be noted that Driftwood was advantaged by sitting just below one of the largest gas fields in North America, with access to other basins already in place, and new, company-owned pipelines to bring gas already under development. That's the position Woodside Energy found itself in last fall. It didn't hesitate long before picking this plum off the ground.
Woodside Energy, (NYSE:WDS), Australia's largest energy operator, has moved into the North American LNG market in a big way over the last 6-9 months. Beginning with its take-out of troubled LNG startup, Tellurian last fall, the company has moved at breakneck pace to move the fully permitted Driftwood LNG project along to FID. Just last month Woodside stunned the investing community by announcing FID approval for the first three trains of the 27.6 mpta Driftwood, now renamed Louisiana LNG. This is a bold move for this Australian energy producer that will bring on-line 16.5 mpta, and CEO Meg O'Neill noted the profound impact on the company in the press release-
"Louisiana LNG is a game changer for Woodside, set to position our company as a global LNG powerhouse and deliver enduring shareholder value for decades to come. Louisiana LNG combines access to an abundant US gas resource, a prime location with best-in-class EPC and technology partners. It builds on Woodside's proven strengths in project execution, operational excellence, and LNG marketing to deliver significant cash generation potential and drive long-term shareholder value."
Perhaps this move shouldn't have been a surprise. The company has been building a portfolio in the LNG space for some time now as noted in the next slide. With ground already broken by the former operator and an EPIC contract in place with Bechtel, one of the top engineering and consulting companies, much of the uncertainty around pre-FID was resolved enabling WDS to move rapidly in this regard.
Some challenges remain as only about 1 mpta of the plant's approved 16.5 mpta output has been placed under long-term SPA's (Sales and Purchase Agreement), in a contract with Uniper-a, a German utility company. Other recent U.S. Gulf Coast LNG plants, notably Venture Global, and NextDecade, took the route of selling out 2/3 of their capacity before taking FID. By moving forward and entering the market in the late 2020s, WDS can leapfrog other potential projects and corner the market for supply gas.
RBN in a recent blog post noted the impact that LA-LNG could have on projects still under FID review-
"An FID on a project of Louisiana LNG's magnitude - again, three trains with a combined capacity of 16.5 MMtpa - is sure to have an effect on developers promoting other, pre-FID projects along the Gulf Coast. These developers will now have a tougher job selling their projects, especially to investors and potential offtakers. Some pre-FID projects have large portions of their capacity "contracted" but these deals are done with Heads of Agreement (HOAs) rather than SPAs, the latter of which is a binding contract for offtake while the former is a less formal agreement that either party can back out of."
Woodside's plan to derisk the project involves a significant reduction in its equity stake. One major announcement of an equity partner came last April, with Stonepeak taking a 40% equity interest in LA-LNG and funding 75% of the capital expense through 2026, thereby enabling WDS to defer its capex to 2027, when Scarborough is expected to be online.
CEO Meg O' Neill was quoted at CERAWeek in a WSJ article-
"Woodside is involved in intensive discussions with a couple of parties interested in participating in its newly approved $17.5 billion Louisiana LNG gas-export project. Woodside wants to reduce its capital commitments to roughly half the cost of developing the project, which will be built in phases and is targeting production of liquefied natural gas for the first time in 2029."
Through the development of its Pacific Basin (Australian) projects, including Pluto and Scarborough, Woodside has emerged as an experienced LNG plant developer. The opportunity to acquire a derisked and permitted facility with access to low-cost U.S. gas was dangling in the market, and was ultimately seized by the company. The U.S. is the low-cost provider of natural gas globally and much of the current growth in supply from shale is being underpinned by export opportunities to capture more advantageous pricing in the Korean-JKM, and Dutch-TTF, markets.
Your takeaway
Woodside stock has taken a shellacking over the last year, down 25%. This is primarily due to the downdraft in commodity prices affecting cash flow, combined with high capex outlays for Scarborough.
I think the company rates a buy at current levels irrespective of multiples in anticipation of a cash waterfall a few years hence for patient investors as sales ramp up and capex diminishes. With three trains online WDS has the capacity to be exporting a couple of hundred cargoes out of LA-LNG as the next decade starts, with an additional ~150 cargoes from the later brownfield development of trains 4-5. The buy case for WDS is certainly around Scarborough and LA-LNG coming on line as we head into the 2030's
The company trades at a pretty attractive EV/EBITDA multiple-4.11X in comparison with other participants in the LNG cohort, including segment leader, Cheneire Energy, (NYSE:LNG) at 11X. It also pays a nearly 9% yielding dividend that is well covered by cash flow, with a payout ratio-68% that might bear a little watching.
There are risks to this thesis, notably the $9.0 billion in debt the company has accumulated building Scarborough. In contrast, they have $4 billion in cash and an undrawn $6.5 billion RCF. Maturities are spaced out every 4 years, preventing any sort of a credit squeeze. The LNG market appears to have a long runway, thanks to increasing energy demand projections in Asia, Africa, and Latin America. If they don't pan out, the company could have some problems. Most analysts view the long-term market for LNG as being robust for the next several decades.
If you're one of those investors who looked at Cheneire a dozen years ago at $15.00 and passed, and watched it ramp ever higher ever since, this could be your chance to get in on the fun.
By David Messler for Oilprice.com
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David Messler
Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More
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Last
$25.85 |
Change
0.220(0.86%) |
Mkt cap ! $49.08B |
Open | High | Low | Value | Volume |
$25.74 | $25.95 | $25.63 | $325.9M | 12.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 39028 | $25.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.85 | 3649 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 25.810 |
3 | 870 | 25.800 |
1 | 2000 | 25.780 |
3 | 446 | 25.750 |
1 | 1000 | 25.720 |
Price($) | Vol. | No. |
---|---|---|
25.910 | 2500 | 2 |
25.920 | 2929 | 4 |
25.930 | 3381 | 4 |
25.940 | 1400 | 2 |
25.950 | 7682 | 8 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |