Ann: Santos facilitates delivery of gas into domestic market, page-11

Hey N.
Think it's more than just POO. Think Macca has had a lot to do with it and the way he's steered the ship since coming on board. Our doggy has been in training for a while now...and think market approval has strengthened as a result on back of overall position. Main concern seems to be train 2 capacity. Thinking the Queensland drills will sort that at some point.
I'm bull on gas and maybe a little more bear on oil than I used to be. On the latter though I note US sanctions on Venezuala and the ME looking about as destabilised as ever...maybe worse so macro still remains the major determinant in POO. Opec attitude seems to be in favour of price increases and lot of talk re US Ponzi shale. China seems key to gas demand I think. So much going on the geo/political front hard to get clarity.
In light of all the uncertainty...STO has done much to improve it's position and think this is panning out to be reward time for the patient. Won't hesitate a top...usually spells the kiss of death for me...but can say feeling comfortable with my exposure and confident of more green ahead. Charts looking nice particularly on the MACD...and Bollies opening up...steady as she goes!