Just to clarify, my remarks. I and other investors in CTP have over the years been bullish and supportive of RC's plans and his predictions on the Australian gas market. We took a giant leap of faith in believing what he told us, and obviously our own research validated a lot of what he said. But I always wanted quantifiable evidence that validated what he said, now with these two articles posted over the last few days we are now seeing firm proof of the whole gas shortage thesis is being proved. I now have my evidence, I can't speak for others.
I also make the observation that if gas prices are spiking at $29gj in the current market what will be able to get on signed GSA. I think that the chatter about $3 a gj netback is starting to look more like $7 to $8 a gj. Imagine if we can get a Henry Hub up and running and sell into the spot market. Just some thoughts.
GLTA.
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Just to clarify, my remarks. I and other investors in CTP have...
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5.5¢ |
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Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $2.456K | 45.65K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 275393 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.5¢ | 127247 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 275393 | 0.053 |
4 | 480000 | 0.052 |
4 | 940000 | 0.051 |
4 | 560000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
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0.055 | 127247 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 140000 | 1 |
0.067 | 149268 | 1 |
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