There is firm evidence the farm out process is going BETTER THAN ANTICIPATED
This is slide 4 from today's presso - they're looking for ("US15m + back costs of $3.5m") - point 1
This is the same slide from the 25-July presentation... (slide 5 in that deck)
At that time, they were only looking for ("US12m + back costs of $3.5m")
Joining the dots - it all looks amazing!
I also suspect this bit of selling is the traders 'selling the news' but IMO we will probably finish green today as the investors from the conference digest this presentation.
Brendan speaks in 15 mins.
For anyone who is physically at the conference, it would be greatly appreciated if you could please post a summary of what he says / how its received. Cheers.
Ann: Good Oil conference Presentation, page-2
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