hey V,
what if it doesnt come to that,
what if they debt finance?
what if they are taken over?
one thing we cant argue is they have a sizble resource, and in the right place for development approvals.
ANd i would say, if i was to suggest which way long term energy prices are heading with green planet, is up.
A lot of emphasis is on the $70 contract price, what about in 3 years time? What about in 5 years time?
All we need is for a supply disruption, and demand will take care of the rest.
I may be stepping out here, but i dont think 100/lb is out of the question, if you have any supply hiccup elsewhere.
Then let comodity traders in and see what the spot does.
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