STO 2.63% $7.02 santos limited

Ann: Santos delivers Scotia Project, page-5

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  1. 6,299 Posts.
    lightbulb Created with Sketch. 48
    "No effect on the market'

    So little effect from coming in $77 million under budget and also finishing the project early.
    Plus a likely $70 million profit to be booked on the sale of QLD gas assets.
    So that is $147 million coming to Santos!
    Remember when an analyst valued the company at zero, two or three years ago, because of the project over-budget spending at Gladstone LNG.
 
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