Yes and the cure for high prices is high prices. It wasn't so long ago that the gas oversupply was in WA and the east coast had short supply. The price signals sent to the market have reversed that situation.
I wouldn't hold too much stock in that report. When/if shale comes onstream prices are likely to go down imo. Shale supplies are massive/almost inexhasustible in their scale.
Well done on your NWE holding. It is going great guns. If the shale play works out, you could easily have a ten bagger on your hands there.
AWE Price at posting:
$1.72 Sentiment: Sell Disclosure: Not Held