The real value is the pipeline, Aus sells gas for pennies and pissing about with old wells and seasonal generation is one thing, but the real gains come if they can connect the other gas companies in the area into the MGP and start charging them pipeline management fees. Pipeline ownership is money for jam, you get to charge customers for other people's gas passing through your lines while doing very little.
While I'm deeply sceptical it will happen since it's been looked at many times before, if fed Labor decide to cough up to connect the MGP to the QGP there might be a real winner here. This whole 'made in Australia' act has really upended many long standing industry norms, it seems like everything might get a handout now, even projects previously deemed unviable.
I started watching QML the other day for the same reason, never thought anyone would go back into Mt Chalmers to mine but here we are.
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