BPH released an announcement this morning which will definitely...

BPH released an announcement this morning which will definitely have an impact on the SP today IMO. A key statement being:

“Advent Energy is a strong supporter of plans for Net Zero by 2050 and sees the company playing
a direct role in achieving that target, especially in New South Wales. It aims to do this in two ways:
First, by finding gas closest to Australia’s biggest domestic energy market; gas which can be used
to provide reliable back-up for increased uptake of renewable energy in NSW. Second, through its
plans to explore for opportunities in offshore NSW for carbon capture and storage (CCS), a key
clean energy technology.”

Currently, management is doing everything possible to ensure that public perception of the project is going to be environmentally sound. I.E. shutting up the 11 clowns who attended the PEP11 'protest'. Gas is a tried and tested method which has the potential to transform the local economy and create countless jobs, both in export and CCS. Whilst nothing is guaranteed, I'll be sitting back with a glass of red waiting for the TH in the next few days.

Diamond hands and cool heads!