has anyone questioned why the NRZ gas resource is so valuable, as the company seems to indicate by its very low cost of production for Urea (even lower than Qatar the home of gas where it flows out of the ground you step on!)??
OZ is full of stranded coal seam gas resources everywhere but no-one seems to be exploiting them to make Urea....why is NRZ so different? The NRZ resource is far more stranded than most CSG resources (further away from logical transportation points) so why should we believe their numbers? I dont think I have seen a CSG resources with costs of production at $1/gj, more likely $2-4 or more..........
Happy to hear alternative views...
Chairman Interview, page-76
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