That would be a fair comparison, if EXR were having to liquify our gas to sell it to market... we won't, it will go straight into the wullumbila gas hub as pipeline quality gas, it may end up at an LNG plant but it's no longer our gas by that point. None of that cost is ours to bear.
As I said before, I've been where you are, looking at all the numbers going "man this sounds too good to be true! Why isn't everyone in on this?"... But you trying to catch a few boomers on hot copper, convincing them to put their 50k play money into your stock isn't going really move the SP.
You need big time institutional investors, in the O&G game it's getting harder and harder as each year goes by. A company like EXR with this daydream well in QLD at least has a chance of attracting those sort of wallets. A busted arse sludge well in Mongolia is just going to get brushed to the side of the table of any institutions with money. Hence why you are down another 5% or so today. But good luck! Maybe you'll get back to break even soon and you can get out and stop pumping it all day every day lol.
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