'It is very possible, if not probable that Minister Pok intends to force PNG-LNG to process Western Province gas through PNG-LNG trains. His comments regarding his desire to see a Western Province Gas Hub. If that eventuates, then it is likely that one or more PNG-LNG partners would want to purchase/takeover our PNG assets.'
'China also said 4.8 million households switched from coal to natural gas and electricity for heating in 2018. This was an increase from the 4 million households that switched in 2017. China’s central government expanded projects switching away from coal to other energy sources to 35 cities in 2018 from 12 cities the previous year.'
On your figures, a potential 21cps to 33cps uplift awaits HZN shareholders should Pok come around... At 11.5cps, even NGE's 10cps to 20cps 'kicker' is appealing.
DYOR
HZN Valuation, page-5
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $209.0K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1228333 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 293291 | 7 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| HZN (ASX) Chart |
