a possible reason for re-listing of mae

Thought this might be of interest. Comments made on HC's AJQ thread earlier today. Might have ramifications for MAE in relation to the USA becoming an exporter of gas and therefore making possible reserves held by MAE more valuable in the future. Who knows!!!!

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Quote:

"The unfortunate events in the Ukraine are making EU countries face some questions that they would prefer not to deal with, such as:

* EU member nations rely heavily on gas for power generation.
* More than 25% of the EU gas supplies come from Russia, supplied through gas pipes running through the Ukraine.
* 40% of natural gas used by Germany is supplied by Russia, through gas pipelines running through the Ukraine.

Like it or not, EU member countries need Russian gas to run their own countries and keep their residents happy and the economies running, hence why a lot of European politicans are not protesting in their loudest voices against Russia's recent actions.

Now, America has experienced its "shale gas revolution" and for the first time, is looking at being a exporter rather than importer of gas. They were orignally looking at exporting gas to Asia, due to the higher prices that they could acheive.

BUT, now America's attention for gas exports is moving to Europe, as they try and convience EU leaders that the do not need to be as dependent on Russia for their energy needs. This would have massive political ramifications in Europe and greatly assist in reducing Russia's "energy strangle hold" over Europe.

As a result, the Asian market will still have an appetite for gas, with Australia having the oppertunity to cement its position as the main supplier. The infastructure is being built / in place, all we need now are companies with decent reserves of gas to actually start producing / supplying gas.....hmmm...... AJQ perhaps?

Some interesting links:

http://online.wsj.com/news/articles/SB10001424052702303795904579429523736013630

http://www.smh.com.au/business/risc-advisory-australian-liquefied-natural-gas-exports-may-be-cheaper-for-asia-than-us-20140112-30oqy.html

http://www.allgov.com/news/top-stories/is-washington-using-the-ukraine-crisis-to-push-natural-gas-exports-to-asia-140310?news=852645."

End of quote.
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Any rebirth of MAE might actually bear fruit for existing holders. Could that be a reason why someone is interested in developing and re-establishing a, as yet failed, potentially huge resource. With European gas being much more valuable than that sold in the USA, there is a possibility that more reserves will be required. A couple of trillion c/f/gas of potential reserve could be a real enticement for future work to be done. With the money already spent having in the main been written off it is therefore not an issue concerning profitability. A little more money, after extensive due diligence conducted, to prove up a possible significant reserve could mean potentially significant returns to new partner and current holders of MAE shares.

Know that this totally pie in the sky. However, a higher price for gas sold to the Europeans under the circumstances could really encourage further interests in a company like MAE, especially if the JV partner actually knows how to drill, extract and produce a financially viable and possibly profitable resource. My understanding is that the USA can quickly set up a gas pipeline and storage infrastructure together with exporting facility and a short trip across the Atlantic could be viable....certainly as viable as exporting across the Pacific to Asian markets. Much closer and to economies that already rely on gas for energy production.

Have as yet not looked at the recommended links but will do so very shortly and if anything of interest will post that also for everyone's interest.

Of course, many other Australian companies are in a very good position to take advantage of more markets for it's huge gas reserves . Huge reserves found in Qld, NSW, NT (to be confirmed), WA, & PNG, etc., could greatly benefit from increased markets where higher prices leave our current domestic values for dead. Perhaps this might be worth further discussion on another thread. Regards.