General chit chat thread., page-3577

I have no idea how many people lost money. I only know what I paid to invest. On paper ive probably got a lower value on a portion of my shares than when I bought them in a capital raise but overall I am well and trully up.

What I was saying, is that you directly compare us to other ventures in basically the same acreages, so within the same market, very similar distance to connect to that market, and with a very similar acreage - even same geological targets basically. And you are trying to say we will fail and they will succeed. Based on??....we have a vertical program and they have a horizontal? Is that actually all? Thats a very basic view of whats occurring in SE QLad gas fields.

There is a demand for eport LNG on the east coast that is in danger of not being met long term. It absolutely dwarfs the domestic demand case. The game is to prove to our Asin export clients and financers that we can deliver on the long term contracted gas we have sold to them. CSG is great, but shorter lived wells and continual expansion of fields is essential - also slightly expensive if too much dewatering is needed.

If another company nails the formula from where we are, they themselves will not be able to supply all of the future demands of the market. A rising tide lifts all ships in our scenario IMO. Have a look around at how tbe entire QLD gas fields were found, piloted, developed and are now running. There are multiple operators churning out in excess of 3000TJ per day, 24/7. No one sin operation is doing it themselves and there wont be in the future either.

Your opinion is ok, and not always wrong. I'm not saying you are always wrong. What you are doing though is attacking the foundations of our comp here and the people running it, whilst propping up your opinion of a very closely related stock with very closely related targets. There isnt much difference to seperate them. Definitely not as much as you are trying to make it out to be.

You remind me of a certain poster who was here just absolutely blasting us for Mongolia vs another Mongolian CSG hopeful. Trying to say that some kind of 'smart money' T20 older sold out because of so many major issues that were unique to EXR that we were all going down the gurgler. Ridiculous to think that one or the other will be the only one to succeed there. Ignoring the basics of which both us and the other company were both exposed to.

Differing opinions are completely ok. But when they are backed with auch rubbish...it all eventually levels itself out and the reality sets in in both sides.

On an ending note. Not that I personally care honestly but whoever was spruiking that nonsense about us in Mongolia vs the other operation...if they had indeed swapped over...they would be in the red big time currently. Thats not the end of either company but the idea they were going to swao and make themselves better off, really wasnt so...was it?