YEs Perth basin is Hot property also ...thus the rise and rise in NWE SP lately...It will become even more valuable when NWE /AWE frac it in Jun I think...When the Gas flows the SP will appreciate quickly
Just for info of those who are not aware of what our neighbour in the Perth basin has intersected ... NWE have a 1000m vertical intersection of gas bearing shale ...So if KEY's land is right next door then you could assume that we have similar thicknesses.
To say is alot of Blue sky with KEY is probably an understatement.
YEs Perth basin is Hot property also ...thus the rise and rise...
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