SGL ricegrowers limited

re: sgl directors mostly to blame-sjhm Sjhm,Coal seam gas prices...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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  1. grahod
    5,599 Posts.
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    14/03/06
    20:17
    Post #: 1432209
    re: sgl directors mostly to blame-sjhm Sjhm,

    Coal seam gas prices in Australia have nothing to do with international prices or the global economy!

    The prices are demand driven.The reason prices in Australia are so low is because of huge resource base, low population and the industry getting on its feet.

    Now there is a proposal to bring CSG from PNG which will affect prices even more.

    However if the gas is exported then this may push up prices.

    Cheers
    SGL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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