Hello all . There is not a single doubt who will come out on top of any comparison .
Some quick thoughts ......
DB is correct about the future of the area IMO . I have spent plenty of time there myself and would suggest this big plan of his has merit . Hydro wont come into the equation for at least a generation .
Testing the flows will help sentiment but monetisation is still a long away . I think they have enough money together to do some good testing in WA/NT and get the 3D underway in NSW .
Any new targets on PEP11 would be a year away IMO so a drill in 2012 is more likely for mine .
An IPO couldn't be justified until the markets pick up and form a real uptrend ..... and that is unlikely .
Not too many price drivers really .
GBA still a long term bargain if you believe there is gas offshore NSW , I certainly do .
GBA Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
