I agree that 40 would be a cheap hit. For 40c to fly it would have to be before COI get pipeline plan and gas sale agreement done which is expected mid-year.
I feel you pain, its been a long wait with many wasted years with Santos as operator sitting on muhalo for too long.
As for 'no reserve upgrades' Tor says in his video Q1, so 36 days before that baby is overdue, which means it is likely to come in next couple of weeks, me thinks you are trying to live up to your call sign.
Sandstone is a secondary asset, I think farmin in and saving cash but still retaining a good share of the asset is smart. Refreshing change to see management treating shareholder funds with the respect they deserve not trying to chase two rabbits.
Many partners means many options which will provide the competitive pressure to get top dollar on one of the few remaining companies with ready to go gas and book of large reserves coming through.
Good luck to all.
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I agree that 40 would be a cheap hit. For 40c to fly it would...
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