I thought I would start a more appropriate thread UNSTUCK
I would epxect a slight consolidation and then a move higher.
This is a big as we are talking the potential for higher East coast gas prices which has always been the one issue making shale gas in the east coast less attractive to the west coast.
so what we have here is a huge resource, with infrastructure in place and a potential buyer under long term contacts making investment and commercialisation decisions a whole lot easier. It also provides massive upaisde to the gas price revenue
It is early days but this could be THE compnay transforming deal we are all after
unstuck
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