Gas contracts to mines tend to be small but high value, often a few dollars over the average market price, because the miner's usage is small but the gas they do take is critical, so they're willing to pay for security of supply.
Definitely a buyer worth talking to - although I suspect they have already been knocking on CTP's door, as you don't go building a 440km pipeline unless you're confident you'll be able to fill it.
They may even be able to take gas out of spec of the east coast grid, which some of CTP's gas is (nitrogen and heavies).
CTP Price at posting:
8.7¢ Sentiment: None Disclosure: Held
