Thank you Richard Cottee, that is certainly comprehensive.
CTP made a cash profit - real financial latitude at last.
NGP begins drawing gas in December, with dark mutterings it could be earlier. These fresh revenues will quickly shift down the Macquarie debt ratios. Remember, Mereenie co-produces valuable liquids and condensates with an oil pipe to Alice. CTP is itching to turn it on full blast. PV and Dingo can easily fill out CTPs allocation.
I congratulate RC. He has performed. This business is no longer a stranded asset. 40c by Christmas.
Ash
Ann: Quarterly Activities Report & CashFlow Report, page-6
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