sensatioanl capex and long term contract price, page-6

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.