RE: RE: RE: RE: Inergy pays $725M for NG storageShambano, you have an awful lot invested in this. You know the hedges run out in March 2011, what's after that? are you ready for a dividend cut?
Funds flow will fall significantly come 2011 and their realized price /mcf will be under 5 for sure.
Gas storage might bring in $11M but that is peanuts and won;t do much to shore up the cashflow.
What do you think?