One more slide from the conference and very important to understand the competitive advantage comes from the proximity of our tenements to 70% of the WA domestic gas markets:
* Gas transmission via Dampier to Burnbury pipeline is regulated by state and the transmission prices are set until 2025
* Therefore Strike can realize an arbitrage of up to $1.10/GJ compared to gas from the Northwest, which directly impacts customer prices
* Therefore Strike will have a competitive edge whenever a gas contract comes up for negotiation (south of Dongara)
* Therefore Strike is in an excellent position to serve northwestern LNG producers domgas obligations.
One more slide from the conference and very important to...
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