you beauty - new gas agreement glng, page-25

Just as you have 'body language' you also have 'voice language' and after listening to the Media Briefing I would have to say the CEO sounded genuinely excited and sincere about the merits of this deal.

Although the price negotiated is confidential he was at pains to say it was based on market prices. It also seemed the case the agreement is flexible enough to allow WCL to sell to other customers as it deems fit.

When asked, the CEO stated the aspirational goal (which is within the existing reserves and field potential) of ramping up production to 100tj per day. That is 65tj to Santos and 35tj to other customers.

This investment ticks all the boxes imo and is now relatively low risk with huge upside.