From the article: Howes says that Macquarie itself has forecast...

From the article:

Howes says that Macquarie itself has forecast $9/GJ and that the costing for transport has been inflated because a material volume of gas needs only to be transported to Mount Isa rather than make the expensive journey to the national gas hub of Wallumbilla. Howes also raises the potential of backhaul to return additional value to the producer.

Is Howes following me on HotCopper or something?

That journalist is clearly pro-Macquarie but his criticisms of the No vote are fair. Mac has CTP over a barrel as its debt owner, and nobody should be blind to the risks if the scheme fails, particularly with the GMRG outcome less than hoped for and recent rumblings around LNG export restrictions. But CTP is a speculative stock and you can't realistically expect shareholders of speculative stocks to take the safe option - they are in it to roll the dice. If they were happy with a safe but modest outcome they wouldn't be holding CTP in the first place.