Cheers, some good points there.
Gas prices are based on regional demand. It is the LNG process that allows some producers to escape the tyranny of distance if they have scale. So there is only one gas price that matters here. What is happening with gas anywhere else is irrelevant. LNG import terminals could change all that though.
I bought into this as a turn around story at around 30c- panicked and took a slight profit. Followed it since.
This was a sub-economic field but COE was confident that a new process would make it work- the process still has not become economic. A major would be unlikely to take this sort of punt.
I had better leave this here- before I begin trolling or down ramping etc.
Good luck to all holders.
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