Yep, there are many, many Tcf of gas in the dirt. This was why FMG was interested before they faced their own crisis and only after a thorough process of due diligence I understand, where they had international experts sign off on OBL. Today, like Hubert says, nothing has changed - the resource is still there.
If they achieve 100% of the Derby Block then it is an open pathway for the world to participate. No other juniors or micros to hold them back. If they don't, the resource is still there according to the bear.
Should one start to get set for a significant price re-rating after the expected good news? Those who miss out on any multi-bagger run can't say it's not their own fault, and it will be interesting how many mea culpas are in fact publicly acknowledged.
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