Shell has stuffed up many times before. Yes even with WPL and they have admitted as such themselves, and told the whole world that they are intending to change their ways of doing things.
I also agree with you that 1.5 million tons of LNG is only a small start and that thing will change soon after that for a lot bigger things, and of course all the better for us. The size of the tenements we hold and future production capability of CSG is huge, and anyone, YES including Petrochina, would like to get their finger in that. The PES story is a typical example of what AOE were, and still are involved with, with other spin offs.
So, if it doesn't go through this time, I will not be totally dissatisfied in that. Because, I am sure that I will be staring at something bigger and at a hell of a lot bigger picture than that, at some stage or another down the track.
Good luck to all,
Buddy
AOE Price at posting:
$5.29 Sentiment: None Disclosure: Held