Have world gas prices decreased because of bad csg press in Australia? No.
Are contracts being signed with international countries to buy our gas at a reduced rate because of bad press? No.
Has the $rate/GJ offer by international companies to buy Australian CSG Companies been reduced because of bad press? Yes.
Has Self Funded Retirees and general Australian investors wealth been affected because of above? Yes.
The dust storm created by some political parties is exactly that...to hide other issues on the plate.
General concensus seems to believe 'fat' days of 60-70c for 3P are gone but I propose WHY! If it wasn't for bad press would they still use this rate as a guide for T/O equations?
The Big Boys in the game are rubbing their hands together,
Abalone.
Don't worry it's only money!
BOW Price at posting:
$1.51 Sentiment: Buy Disclosure: Held