I don't share Mather's optimism .
It looks like Australia , which was one of the few remaining investible countries , has decided that it is closed for business .
Frac'ing is now banned in Victoria and NT with a good chance that if Labor get in in W.A. they will ban it there now they have seen what a powerful election tool it is .
Those leftards are never going to allow an onshore gas industry to flourish .
I'm a former holder of AJQ , current holder of EEG , CTP .
Onshore E&P has previously had cross party support - but not anymore .
The recent transactions with AEGP provide a valuation of AJQ's and EEG's acreage .
Do AJQ and EEG have any realistic options other than to seek compensation and move on ?
Given that Metgasco were shafted . What chance would AJQ and EEG have to get proper compensation ?
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