Just read some of the material on MINs plans. It just reinforces...

Just read some of the material on MINs plans.

It just reinforces the value of the Waitsia. They are talking about providing $1.4b worth of gas to their 3 main projects from Waitsia to get on the low side of the cost curve. So if they have to pay say an extra 30% by buying it on the market, rather than produce themselves, then this is worth $400m to them in cost saving. Huge value.

I reckon AWE should be given the opportunity tobring on Waisia for the benefit of the shareholders. A sale price when Waitsia is generating a substantial amout of cash, with a long horizon ahead of it, will yield a much better price IMO.