Seems to me this is drifting on lack of news, other poor mkt...

Seems to me this is drifting on lack of news, other poor mkt sentiment, etc... and not based on facts. If we think about the facts just briefly: we know there is lots of gas in CB. We know porosity is good enough to extract it. We know that bhp is coming down and we're not connected to an aquifer, etc... So, if you connect these dots (perhaps in a grossly oversimplified way) then the COS is perhaps a lot higher than the market is allowing for in the sp. In fact the current sp, if taken seriously, would imply CB is a bust. Maybe a little premature on that one..!?!

And that is before even factoring in any allowance for WE, which the company seems extremely excited about. I also thought cost sharing a rig was a pretty clever move, which I haven't seen done before. 

So, do we (1) believe the known facts and a consistent story line from management over many months or(2) do we believe uninformed market speculation and sp movement on thin trade.

If I were an investor I know where I'd put my money ...and I have.