Issue 35 – Hello!!! Propane!!!
Propane has been a sleepy commodity for the past few years and most investors have lost interest in it. However, the fundamentals have been changing in a very unnoticed manner by most. Ever since the US opened its propane business to the world via export terminals, things have been getting a lot tighter for the commodity. We’re always on the lookout for opportunities such as this one where investors have thrown in the towel and driven valuations to compelling levels.