bubbly days are gone until they come back.Remember that nobody...

bubbly days are gone until they come back.
Remember that nobody thought much of CSG until after Origin had agreed to what turned out to be a ridiculous, low-ball offer. Their board actually agreed to a steal until other deals were announced. The board didn't even know what they were "really" worth.

It's all very well to have enough csg acreage to get a couple of trains, but how much are you willing to pay to acquire gas for that ridiculously profitable third train?

IMO, that is what BOW represents to the established players in QLD. The highly profitable third train; and they might be willing to fight for it.


discl. After missing the initial bid, I got in yesterday.