3-4 bagger, page-14

bitzer you're clearly ahead of the curve well done.

I think there is a classic oil and gas emergent play-consolidation-maturity process going on in PNG. A whole lot of little players go out and explore and where they can define a resource, or at least have strategic acreage, they will ultimately be consolidated - I can see LNG as the game-changing export avenue (and a massive cash generator) as the catalyst for that process.

There are in-country issues in PNG, no doubt a bumpy road, but the PNG Government will want more LNG projects (not the least to employ a few thousand local skilled workers off the back of PNG LNG - that consideration should not be underestimated in my opinion), so there are more waves coming, in my view.