Ann: Quarterly Report - Q2 FY23, page-27

The Labor Greens Alliance certainly has got what they wanted in reducing the capacity to find and bring more gas into production .
Gas which is acknowledged to be a necessary transition fuel even in the center of the Climate Change Cult in Europe seems still to be something to be discouraged here .
I guess they will just force the LNG exporters to divert more of their production onto the East coast market at well below international prices to satisfy the looming shortage .
In so doing hurting the balance of payments and proving a lie to what has been told to our best customer Japan by the prime minister .

The new regulations have certainly helped put the share price here into a definite decline .
The Market is showing what it thinks of the regulations.
Hope we will see a bottom soon .