Hi seahunt,
To get a reality check all anyone has to do is compare this result to Waitsia and what happened to that.... when Mitsui won the battle. With the exception that this time the asset is twice the size and the price of gas has risen substantially.
I would not be surprised to hear of further export LNG opportunities which will assist the world and Australia.....and back out coal.
This LD-1 has surpassed everyone's dream. Spoke to Iain and had a message from Shelley via Potts.. This is a huge moment for NWE ( and MIN ) at a time when gas is becoming glaringly important.
This is just the start of a huge Perth Basin re-rate which Waitsia started by drilling deeper. , and which is being further developed STX and others. This find at Lockyer Deep will get world attention.
I saw the flare video and mentioned to Potts that I wanted them to terminate the test. So much valuable gas going to waste.!! ....That was some flare.
Keep the faith....as seahunt said......., We have got some BIG things to look forward to.....
Best
tui
NWE Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held