Epx supply gas to one client QENOS and my latest research indicates some concern as to whether qenos botany bay plant will continue to operate past the next 24 months.
The yearly report states that Qenos was overdue with their quarterly gas payment to EPX.First time qenos has been late.
Qenos sacked 100 employees in August from their NSW plant.
Qenos have deferred a major maintenance overhall of the plant which was to take place in 2014.
Yep I sold my shares..........I dislike surprises.
EPX Price at posting:
$1.79 Sentiment: None Disclosure: Not Held