Yes and they also acquired Sunshine Gas which enlarged their resources well. Besides that, we are doing much the same thing. Richard Cottee is a proven visionary who sees the many markets levers laid out before him.
He pushed for the East Coast CSG export business when nobody else did, he pushed for the NT to QLD pipeline which many said was impossible and not commercial, what is obvious to him is not as obvious to others until it's hitting them in the face.
Even Sunshine was almost valued at 1 billion when QGC made their move. Apply that to us, and we are in the dollar range so my view is that the path to $1 SP is all there and is very much an achievable and not so outlandish target. We must all see that when we compare what Sunshine had vs what we have, the SP will be in the multiples eventually.
Trading Week, page-41
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