Thought this deserved its own thread!Lets think about this for...

Thought this deserved its own thread!

Lets think about this for more than a second. If New Hope's average is 38 cents, I think we can expect a material return on their investment out of this.

Think of the cost in all this time they have tied up that cash...

I would expect a minimum return of 80 cents! Especially with bidding tension!

Broker price guides of 76 cents + control premium in an extremely tight gas market.

The NSW government have proven themselves to be grossly incompetent a 2nd time around!! Then you have the NSW Labor party and the NSW greens sitting on the sidelines ready to take control in the next election, only to discover they are MORE anti-gas than the NSW LNP party.

*shakes head*

The value of our assets have just gone through the roof especially after the new NSW government showed their hand yesterday.

Now people talk about multiples of times past being out of the question these days...

What The ??

Hang on a second, Gas has become an even MORE RARE commodity than it was back in 2006 / 2007.

Remember we are also talking about committed projects worth billions and billions of dollars needing what we have right now!!!

Where are they going to get such easily accessible gas as ours ??

NSW ??????????

L-O-L

The fun is about to start boys!!