Hey Pat, a request and an observation from me.My request is when...

Hey Pat, a request and an observation from me.

My request is when you generously post all those excerpts could you go to the bottom right corner, grab hold of the little square box there and drag the screen shot up so that it shrinks in font. I have trouble reading a lot of the stuff you post as it shows on my screen as being oversized. Thanks in advance.

My observation is that I think Pall Graves is guilty of ball watching. It's all well and good for him to comment about how much of the excess supply these days is coming from the right hand side of the cost curve or that currently there is under-investment in future supply from left hand edge of the cost curve. Graves seems to have forgotten that he's not an observer or commentator but a player and what he is describing is opportunity for those players who are fully engaged in the contest.