re: Ann: Acquisition of shares by Landbridge ... goodaye...

re: Ann: Acquisition of shares by Landbridge ... goodaye Interested - the GSA is binding. categorically binding I understand.

the GSA is not with Santos - it is with GLNG.
big difference imho.

GLNG is a single purpose business, whereas Santos has all sorts of businesses. Its share in GLNG is but one arm.

So GLNG would be very concerned to keep their foot on the supply of gas from WCL.

remember the j/v partners have spent what $20B developing the LNG plant, pipelines and upstream assets.They will not risk it.

There is much more to play out here now.
No doubt, WCL is in play.
I reckon, it's just a question of the size of the cheque book.