Thanks jake0002 I agree, not only a 25 -50% increase to the gas rate, but the increase is almost instantaneous ie. weeks away from coming on line, and, into their own gas distribution system. One would expect some degree of corresponding increase in the SP from an announcement like this. I think that the problem lies in the promotional activities of the company being under done! I said a couple of weeks ago that they need a businessman as the new MD appointment (not an oil&gas techo) to correct this and all matters corporate. Someone will take some notice one day and the company will be taken out by a lucky predator. PS Your comments re KIMU and PNG are very informative, and I think that you're right about KIMU being on their books for either zilch or some minute amount.
MOS Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
