I feel Sorib is correct in that CSG potential supply exceeds demand. I think the way you have to look at it is CSG is somewhere in the future as it needs strong public & political support for alternative energy.
IMO, I don't think it's time as come, maybe still 5 years away, as western world struggles with post GFC capital shortages. This will see scarce funds flowing to short term high DCF projects.
Right now, there's growing demand for oil throughout rest of world has their standard of living improves.
My view is, for the next few years, we will get better, more reliable investment returns from the oil explorers.
VPE Price at posting:
27.5¢ Sentiment: Buy Disclosure: Not Held
