Who listens? I've visited this board periodically, to offer y'all a bit of MY insight and thoughts, with respect to junior E&P, AND to what to expect as far as NG pricing goes... My only hope in offering my opinion and insight was that readers would undertake an objective look at the premise they use to make their decisions... to look beyond "hope" and company propaganda... and see the reality of the situation...
and still... Y'all are taking a "wait and see" attitude? those coastal P/L are no closer to reality than they were 2 years ago...and the number of companies... that might have been able to help pay for those lines...are getting fewer and fewer... and the backlog of NG that will find it's way into those pipes...5-7 (optimistic) down the road??? DO You really think there will be spare capacity for the junior market? and what about the NG tankers? shipyards around the world are at capacity with a backlog that probably extends beyond 10 years...with shipping contracts at a point where the profit margin will be virtually nil... LETS Not forget... that while we are still hashing out whether Pipe to the coast is possible... other companies (Royal Dutch Shell) are committting billions to LNG facilities in Australia, Siberia, India, and even the U.S.
I don't know what the answer is... I only know... playing wait and see for the past 3 years has reduced your investment in this company...by far more than it ought to have...
it's MY opinion git yer own...