MEL
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  1. defplayer
    3,134 Posts.
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    07/08/12
    11:33
    Post #: 10536527
    The SP is now down to 16c.

    At this SP, it is inconceivable that 3000PJ of gas does not interest any owners of the 5 LNG projects.

    I can see that this great Australian asset will again go to a foreign company who has the will and patience to hold until a better political climate emerges to allow the production of CSM.
    MEL Price at posting: 16.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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