"Shells intent to proceed with the Arrow coal seam gas project in Qld
will affect the gas market in all ways."
True, but IMO we will see increasing demand for gas from China as they phase out coal-fired power stations so there are many variables at play both domestically and for LNG exports.
Another variable for you; did your above figures allow for MIN to open @$20 today?
AWE Price at posting:
85.5¢ Sentiment: None Disclosure: Held