Not likely- this deal a stretch as it is.
You need to drill and test before big numbers put on it
One other component I forgot is offtake - buyer gets say 50% of offtake at defined price formula. Seems like funny thing to sell but is a big step in commercialization - eg can borrow against it eventually
If Qatar ( big LNG exporter) gets dragged into ME mess might be a rush to “secure” Australian LNG supply , scary Sea Serpents and all.
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Open | High | Low | Value | Volume |
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2 | 73579 | 0.077 |
1 | 100000 | 0.076 |
1 | 7000 | 0.074 |
1 | 7150 | 0.070 |
Price($) | Vol. | No. |
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0.081 | 108276 | 2 |
0.082 | 100000 | 1 |
0.086 | 137846 | 1 |
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