"Eric Streitberg said eventually they will pay similar prices...

"Eric Streitberg said eventually they will pay similar prices here to the USA in future in the shale gas rush."

Eventually is the crucial word. If it take 25 years then the NPV of the asset is drastically reduced.

I know of a gas discovery that is near a major metropolis and near a major gas transmission line and the time from discovery to revenue is going to be 3 years.

I believe the Canning is a very exciting basin and Key have a large land holding but the logistics of creating revenue from any discovery are huge.

Good luck to all holders

Cheers,

Simonmag