ah, thx Thefatz.
Were those comments by DM on the conf call? because I missed that call unfortunately.
I remember asking about installing another absorber way back, and I think part of that consideration was that APA had to agree to that -> now APA is not an issue.
There is no doubt that the higher gas prices, and the obvious failure of the "renewables" policies to avert energy crisis, has changed the ball game when COE and APA were each crunching the numbers.
Spending $40-$50m on an extra absorber is one thing when prices are $7.50gj, and another when gas prices are at a cap of $40gj, that for sure.
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Mkt cap ! $528.0M |
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