InvestorsHub Logo
Followers 0
Posts 12848
Boards Moderated 0
Alias Born 08/03/2006

Re: None

Tuesday, 10/26/2010 2:00:02 PM

Tuesday, October 26, 2010 2:00:02 PM

Post# of 42997
GSLM/EEGC is far more involved in more then punching a hole or two in the ground. The operation has to be supported. The men have to be fed, sleeping quarters and recreation areas provided and plenty of drink for off duty time. Shuttle buses have to be provided to and from drilling sites to the hotel. Supplies have to be coordinated both for the men and drill rigs. Toilet facilities at the drill sites. Medical facilities for emergencies must be provided. This is a huge operation. Once oil and/or gas is found it gas to be either piped or trucked to market. There is a gas pipe line there already and they will just tap into the existing line but thats for gas. For oil until established will be trucked to the coast and loaded into storage tanks for later loading into tankers for shipment to market. All of the structures will be built and that means work for hundreds of Tasmanians and Australians and now with fresh money in their pockets they will need support merchants to provide products for their life style. The big picture is really big and Malcolms vision has come true.

This is only my opinion!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.