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Originally posted by jake0002
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Consequently, the Company now expects the market imbalance to last for 5 to 7 years before returning to historical trends.(so demand outstrips supply for a period of 5 yrs to 7 yrs (not forever)) so that period of demand will outstrip supply will be determined by businesses going broke/going overseas/getting supply from alternative sources such as non-fossil fuels etc) OR supply of gas increases to balance the demand. (that demand imbalance will last for 5-7yrs), namely it is imperative:to take advantage of the window of imbalance, CTP must have maximum reserves (2P or 2C) by 2nd half 2018, so that it cam commit to GSA's. if CTP does not act now, it will miss the boat, and prices will drop imho, CTP are telling us we need to do a deal now. And MBL are the ones at the table. is that how others interpret this??
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Yeah - I hope Santos want in! Maq can get the cheap low risk income from mereenie while Santos explore the higher risk Amadeus 100% rather than 50%. If Santos are vying then at 30c they can get the lot for $100M considering they got the $52M for Mereenie. 30c should be the floor price.
