Analyst Notes and Price Targets, page-208

Do you know why billionaires want Perth basin gas? It will have significant affect over the levers of power in the future.

With coal power generation in WA entering its sunset phase those who control base load power will be in a position of significance. Similar to controlling water supply, critical telecoms infrastructure.

A monopolistic position over baseload load power will give them sway over policy. Deviate too far from “pro business norms”? , we switch off the lights and voter sentiment plummets.

This is why the big players are so keen to make a grab for the Perth basin, and at a significant premium.