Ann: Reinstatement to Official Quotation, page-87

its a war based on views of us nat gas spot direction imo

e = npat not revs. its possibly trading 15x p/e at a guess but thats a super fast moving target for this production/commod mix.

Nat Gas at $us5.20 is 2+x its long term trend price but only 1/2f to 1/3rd of prior bull peaks. US nat gas also tends to spike/ decline very rapidly

so huge span of views between old hands whove been burnt on reversion vs energy bulls. it ran into a long term rising high at $6.15 and pulled back. to this point that tells me nothing about where its going.

i have no idea how btc miner demand is any different to demand from any other user. have they agreed to pay a premium above spot?

I do know we're going into US winter during a refreshed La Nina cycle - which is generally bullish energy use. + oil price continues to rise that will limit oil for gas swapouts