SGL ricegrowers limited

IMO SGL and AJL should benefit from the QGC-BG deal due...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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  1. RavingStark
    1,020 Posts.
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    04/02/08
    13:02
    Post #: 3316772
    IMO SGL and AJL should benefit from the QGC-BG deal due to:
    *Higher east-coast gas prices implied - QGC expects to be able to achieve export LNG prices double domestic prices. Upward pressure on East coast gas prices is expected as reserves are increasingly directed to this market.
    For NSW players...
    The benefits of higher average gas prices to lt margins,
    Likely strong demand Sydney/Newcastle for both generation & industrial usage to underpin drive expansion
    It is also not unfeasible that a consolidated NSW coal-seam sector (say BBP/AGK/AJL/SGL/ESG....missing anyone?)could hatch a LNG project down the track....
    SGL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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