Originally posted by binwood
Has anyone been watching natural gas futures? They are at multi-year highs and looking strong. Gas is going to be an important intermediate energy source in the move from fossil fuels to renewables. I actually like IVZ more the fact that it is gas rather than oil. If it proves to be there and conventionally extractable as expected then this will be a globally significant discovery.
Government being onside early in the peace hopefully reduces sovereign risk. They still stand to make a motza if this is a goer.
indeed GAS future rising very strong,
Unfortunately there is a very clear broken link between gas futures & australian gas explorers/producers, our gas players dont follow gas future contracts
noticed that during the past a few weeks,
same thing applies to our weed sector too, US & Canada weed stocks went wild but ours are dead as usual, I heard funds managers signed pedition say they will not buy weed stocks in their portfolio etc, havent confirmed the source though
