An important consideration is the cost of extraction, cost to get the gas to market which is dependent on the location of the field and labour costs - particularly the involvement of unions. The piece from the AFR referenced in the below tweet is well worth reading.
On all of those metrics EXR has a distinct advantage for the Chinese market - hands down.
EXR Future out look, page-438
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Last
15.0¢ |
Change
-0.030(16.7%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 15.0¢ | $1.670M | 10.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 911738 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 11563 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |