gas price

zengas

''$10.50 per mcf expected to be implemented under a new pricing scheme by the end of next year''

this is major news...add the fact that petrochina is building more pipes around the area eventually the asset will appreciate in value...

the gas story in china is huge and LRL is well positioned to gain from that imo...

proving up the asset is the key and the accelerated programme this year reveals the strategy of LRL imo...already we know there is interest from potential partners talking with Atherley...i really doubt they will be independent next year if they follow the success of sinogas...especially with Atherley on board!!!