I was about to respond to your post staright off earlier however my wireless keyboard went walkabout. Thank god for the good customer service from Harvey Norman - they just swapped it straight over.
Yes - hopefully this will be just the start. Predictions I have heard say that if Ellis-1&2 are commercial they could be producing 10mmcfpd in no time (relatively speaking) into the system over there. At around $US8 current NG price and Amity's very high interest - close to 80% - this will represent about $A30m gross annual revenue. A neat doubling of their current annual revenue. And of course a very strong net impact to the bottom line.
And there are many Ellis's in the licenses they have secured over there.
AYO Price at posting:
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