Thank you for your perspective, Soly. Don't anyone think I know what I am talking about. I am just reading tea leaves, and am not a resource for factually-based, technically-informed opinion. Which is what I appreciate getting from a number of good contributors on this movable board, and thanks, Soly for helping to keep it civilized.

But, yes, it was a sobering thought, another of many reasons we have had to keep us anxious while on this ride. We have to deal with that in our own ways - bailing, drinking, turning evil, or taking a little wisdom from the Lanmans of this board and maybe a daily dose of pipe...

However, I still wonder whether several of the other plays might prove much more straightforward to exploit, with easy transposition of already mastered technology, unlike our plight, and so might be production-ready in much less time that it has taken us to get to this point. If that happens, and maybe if it's 3-5 years as you suggest it will be less of a concern, but if that happens, then wouldn't one expect the price of gas in Europe to start declining, as has happened here in NA? And if that happens, and if it is more economical to produce gas from those other shale gas basins than from Mako, then mightn't there be even more resources thrown at those sites and any others that resemble them, and a lessening of interest in our play? What about shipping of LNG from places of new abundance like North America? Could that become a significant source of gas for Europe and dilute the market?

Ah well, time to dream of good fracs and flows.

Chollo