From HC's IPL thread:Dec 7 (Reuters) - Incitec Pivot Ltd (IPL)...

From HC's IPL thread:

Dec 7 (Reuters) - Incitec Pivot Ltd (IPL) : 

DELAY AFFECTS GAS SUPPLY TO IPL'S GIBSON ISLAND AND PHOSPHATE HILL PLANTS DUE TO TECHNICAL ISSUES, COMMENCEMENT OF COMMERCIAL OPERATIONS OF NORTHERN GAS PIPELINE DELAYED GAS SUPPLY FROM NGP IS CURRENTLY ANTICIPATED TO COMMENCE BETWEEN 29 DECEMBER 2018 AND 10 JANUARY 2019 

IN UNITED STATES, GAS SUPPLY TO IPL'S ST HELENS, OREGON PLANT HAS BEEN IMPACTED BY ELEVATED AND VOLATILE GAS PRICING IPL ANTICIPATES THAT DELAY WILL GIVE RISE TO AN ADDITIONAL COST IMPACT OF ABOUT USD 10 MILLION AT ST HELENS 

SEES IMPACT OF DELAY TO NGP WILL ADDITIONALLY COST CO ABOUT AUD 3.5 MILLION, ASSUMING NGP FULLY OPERATIONAL BY 10 JAN 2019 

Source text (http//reut.rs/2RFArUL) (([email protected])

_______

Ash here.

NGP is expected to be fully operational 10 January. Hopefully, even the new Field Boost Compressor and fourth existing PV well (PV13 a little later) are operational by then too.

CTP has a highly motivated customer and partner in IPL. It would be unwise to disappoint.

Even with just the commissioning gas flowing into NGP, CTP's financials are improving by the day.

I wonder how long it will take for Mr Market to see the value.

Ash