Apart from the CP rising and those that have averaged down..there are plenty sitting in the que that have brought at higher prices, thus at 6-9 will only be breaking even..
Granted from this point any jump on gas figures, it would be nice for it to hurdle past the 3s and 4s and get a new base that shows the market really values the gas in the ground and the way the management is handling bringing it to market..
But the market is a beast as we all know..and at the moment it doesn't trust the uncertainy the management has given on the project, thus we are sitting at this low base.
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