This is turning into rants that make no sense.There is certainly...

This is turning into rants that make no sense.

There is certainly no relevance to the initial thread.
The evidence that the bank extended the period and changed the caveats IS the fact they did so. With no revenue why else would they extend the timeframe or change paybacks. its certainly not because of good managment.

Plain and simple the bank is happy because their investment is secured by a property who's value exceeds the debt.

Also it is valueing the PROPERTY not just the gas. Gas itself is worth a certain amount based on HH price but the companies profitability is dependant on the property and characteristics of the ground.

100BCF of gas in Qatar is worth more than 100BCF of gas in CC as the cost to get the gas out and to market is significantly different.