A.F.R. today. Santos predicts gas shortage in eastern states due to CSG restrictions. One interesting paragraph.
"An estimate from Bernstein Research has gas prices in eastern Australia doubling to about $8 per gigajoule over the next three to four years."
Makes C.B. shale gas even more valuable.
Speculator. Very good question. SXY are doing a great job and would certainly be interested in more North C.B. involvement. Just IMO, don't think that they could outbid the bigger boys at this stage with a SP of less than .70 and a market cap of $750 mil. Would need to be VERY lucrative. But, could be interested in a j/v. Just think that there are much bigger fish with a bigger goal.
A.F.R. today. Santos predicts gas shortage in eastern states due...
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