Well listening to the M.D talk about the company strategy in light of a collapsed Gas price in the U.S has improved my outlook for this one considerably..
It really does make sense to spread the risk in this global environment but importantly, the M.D said success in the North West shelf alone will add a "0" to the share price, not to mention any success in Thailand.
The only negative is the time delay. The Europe gas opportunity is looking 2nd Qtr 2011... but hopefully Thailand has given us some results to bank by then.
If we add Thailand and Europe together, what do we have??
SIGNIFICANT UPSIDE :D
Gas prices in the U.S could also recover although this is unlikely based on the research I have done..
strategy
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