RE:RE:RE:I am so afraid...There is one thing that all investors in a natural gas company need to understand. Pricing of natural gas as a commodity is highly volatile and can lead to either obscene losses or obscene profits in short order depending on relatively minor percieved surpluses or shortages of the commodity. Having optionality is crucial . I do not doubt for 1 second that Crew would not take advantage of that optionality
whenever necessary.
Having surplus acreage and tremendous reserves is also a huge advantage. If Crew decides to exploit their large acreage at Groundbirch then they will require a large gas plant. There are 2 ways to do that by contract or by doing it themselves
If Crew does it themselves then they will require long term financing which probably means a new 5 year note (or longer ?) That is not really a risky proposition if done correctly (i.e. backed by futures positions or firm gas displacements and a firm pricing buyer at the other end ( whence CGL becomes important )
So please fear not , Crew is very well set up for future prosperity , and when the day ultimately arrives that there are prolonged nat gas shortages , then Crew's share price will absolutely soar. That is the lottery ticket I want and the reason I want it is that i have had it before much earlier in my life . And the way I got it was by investing in natural gas !!