I've been thinking about it as well. Bought quite a few at 38c....

I've been thinking about it as well. Bought quite a few at 38c. Losing quite a bit. I just hope this does not go the Santos SPP way. Traders made a heap of money off it.

The risks. How bad is the east coast shortage? will it still be there in late 2017 and into 2018 when some of the wells would be in production. And how would POO play into this assuming there will be a downturn from this current unsustainable $55usd. Would that affect SXY SP and gas earnings?

I also believe some energy companies are firing up coal and gas stations to capture the same market. Depends who can do it faster and cheaper.

Depending on the price action tomorrow I'll decide if I'll go the full SPP after wasting money buying at the peak.