Re: Aquisitions, mergers?
in response to
by
posted on
Dec 17, 2008 04:18AM
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Inceptus.
Who could QEC be intersted in, or maybe more likely who could build an interesting aliance that could(maybe) be interesting for a big player.
Molopo has sold some land at 111mill AU$, so they have cash now.
China have a pool of NG and they are in with russia, russia are in with a little republic called Komi(northeast of east EU), they have NG, oil and metal+dimonds and makes NG cars. Well Gazprom is so big with Iran and Qatar they have 60% of world NG:
http://www.gazprom.com/eng/articles/...
What I see is that there is a lot of NG, so maybe we will see a 5$price or below for some time, but ofcause it will be adjusted, cause nobody makes money on these low prices. Alot of politic has to be made.
If we have special fine gas, this could be distributed in another way maybe, but I have confidence in that QEC knows about these things and know how to "sell" itself.
The economi looks bad, think it's everywhere, russia have cut down the value of their curency, china try to stimulate growth. China is a long time player:) I mean, they want to grow, but they do it slow, got to make alot of things in the rural arias and buys shares and companies in many countries, makes aliances.
You have to tell me about canada, I know you are prepared to cut rates and Alberta have lowered taxes/royalties and I dont think we have to worry about getting workers. Is the wether too bad for drilling?