Just as a note on the negative for investors, and I'm expecting to get belted across the ears by you guys.....
The region the drilling is proposed, particularly the Northern Beaches, is under massive scrutiny by those whom reside there. I grew up near Manly and spent lots of time paddling out for a surf in my youth and adulthood. Back then there were condoms and raw effluent washing up onshore due to sewage out flows too close to the coastal edge. We were swimming in shit, literally. There were huge protests over many years to correct the situation. Eventually the Gov. extended the out flows further out to sea and bolstered the treatment filtration to reduce raw effluent entering the sea. It is a bane of contention with locals and Gov. this will not be settled any time soon IMO. they will fight this! I have invested with BPH way back when they were a pharma when they hit about 45c in 2005-06. sold out not long after.
I live on the central coast now and looking at the mood here, the same is happening.
P
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