RE: If buying really ramps up anyone13 Jan 2019 17:38
From WetWater on Friday - I've been on this thread for months now and this fella's a trustworthy poster. Indeed, I would say all who post on here are pretty upfront and honest..even me!
The worm's turned here as we build towards NT redrilling which is just around the corner
'I have heard from two separate sources that there are news releases coming in the next couple of weeks.. I don't know what caused this immediate price jump but it should be reinforced and sustained by the upcoming news announcements - If I was guess I would say positions are being acquired prior to news releases. '
I did notice that FOG's Nov-2018 presentation does make reference to Jemena's plan to potentially invest up to A$4bn (US$3bn). That does suggest that Jemena's sanctioned the inclusion with FOG to include this proposed investment and its commercial size. It also suggests high level planning between all participants at Beetaloo. We shall see
I bet POQ's been made aware of yesterday's price spike. I'm intrigued if this is the case and who the buyer was of the 760k buy
jfhealy - what? I'm a small shareholder, a passenger. I don't determine the price of anything. Direct your question to the stock-market not me. I merely pass on second-hand information and opinion..a conduit of nothing other than that..
Yes, very interesting from CGP - and the price is in a state of expectation, almost as if it's waiting for something....the chart doesn't know which way to turn, yet
'Speaking ahead of the official opening of the NGP on Friday, Mr Tudor said Jemena is moving ahead with early preparations for a potential $3 billion-$4 billion expansion and extension of the line that would bring the vast Beetaloo Basin gas resource to markets in the eastern states.'
'Its capacity of about 90 terajoules a day could be expanded up to 700 terajoules a day should the Beetaloo unconventional gas play prove commercial. ' (8x the size)
Mr Tudor said the NGP as it stands "is economic as a standalone project" but the expansion would have the strategic value of unleashing the potential of the Beetaloo Basin.
"The economics and the regional development that comes from that would be pretty extraordinary given the size of the resources," he said.
No longer is the development of Beetaloo as NTG concern. It is now a national concern and comes under the remit of the Commonwealth government. Canberra's almost staked a claim over Beetaloo and this sends out a message that Beetaloo may be located in the NT but it is of national significance and of strategic importance.
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What a great day today!. I bought another 20k shares but it took numerous attempts to get them...EMS was 15k all day but I was being refused a quote for even 5k. Some greedy shit's taken them all out of circulation. I'm gonna keep buying small amounts next week so fingers crossed we see some weak days for accumulation purposes.
The tide's definitely turned here....follow the volume, always
RE: 19-20 March 2019 - Beetaloo stuff11 Jan 2019 14:12
either way, it's a refreshing and welcome change from the zombie state of affairs we've seen over the last few months...signing off so fingers crossed for news and all have a nice weekend
RE: 19-20 March 2019 - Beetaloo stuff11 Jan 2019 13:41
there's news due here. I've been watching this stock for months and months and today the MMs have gone bonkers like excited kiddies....If we don't see news soon then i'm a Rasputin come back from the dead