Prato I red the following and I found it to be very amusing:
""##“We are continuing work on our gas tenement joint venture with Central Petroleum, and are anticipating that it will yield gas from 2022, but in the interim, we are continuing to pursue affordable gas supply to the plant to bridge between the end of 2019 and tenement production in 2022.”##""
It was in that release from Incitec but it didn't say when the gas was to start flowing nor did it say the most important part of it all.............................AT WHAT PRICE.
Now are we selling gas (If and when) at a profit or at a loss.?
Are we selling gas just to show some revenues coming in, or are we selling gas to make a taxable profit which would be of great benefits to the shareholders.?
I wonder as to why the secrecy of it all.. especially if there is going to be some real taxable profits coming in.
And then we have a top twenty shareholders selling out even though he/them knew very well of the gas sales kicking in.
And then someone might be telling me as to why the market got it so wrong and pushing the shares prices down instead of pushing it up......................Go Figure!!
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