The SP is where it is at due to Australians ignorance of unconventional Gas. This is the reason why Tamboran moved to the US a few months back.
The Yanks are more sophisticated and open to Shale gas. It would be terrific if both companies merged and then floated on the us market to raise enough funds to complete a few production wells.
Ann: Empire Completes $46.8 Million Capital Raise, page-18
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