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Oil companies were selling oil at $20 a barrell and were making money Gold companies were selling gold at $400 an ounce and making money BHP and RIO will make $10B + profits still with iron ore prices where they are. And gas prices are predicated on oil prices, so don't stress too much...

And just realised that Block 301 is actually $1.75M, so that makes it $700 / mtr and about 6 times the price of the block with no views. I'm really not buying that story now.

I like how block 311 is 5000 sqm at $600K ($120 per metre) and block 301 only 10 metres away is 2500 sqm at $1.2M ($480 per metre). Sorry to be off topic briefly, but can someone tell me if ocean views are really worth 4 times not having ocean views, when everything else is equal?

They look sweet, Ausprop, oh to be that little bit more advanced on my journey!

Ummm Did I hear someone say gas? How many $25B (Gorgon) or $12B (Pluto) coal projects are going up in the East coast at the moment. You see the important part is not the size of the export market, it's the growth in that market. We've got $300 billion worth of projects somewhere on a timeline...