A MASSIVE gas supply for the Eastern Coast!!!
Tongue in cheek but your right...I was surprised to see that number at 11.5c and a Dragonfly doji!
SO its August and we're wanting some reasonable, well really great, numbers to come through for the commercial gas rate. We're in a prime position to take on the chronic shortage in Eastern States within a year or so of a Commercial find!! Look at CTP and they seem to be waiting for 2018 before they even negotiate their price and are looking to the Eastern States to provide them a feasible $/Pj.
IF we can prove a commercial rate in this month and gain the funding to ramp the development/production activity to a commercial state we could manage to cover Eastern gas requirements for like 40 years on our resource alone!
Hoping these upgrades will finally do the trick!
Ann: June 2016 Quarterly & Appendix 5B-STX.AX, page-41
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