Seems to be as good as it gets...without actual flow rates being announced.
I wonder why they are keeping the flow rates such a tightly held secret:
- because, although good for this preliminary stage, they are unlikely to 'wow' the market yet. Think initial Santos flow rates?
- because they have agreed with Orica to keep it in house until agreement milestones are reached?
- because they are worried about low ball takeovers by informed players?
Anyway, they've navigated every hurdle thus far without breaking a step, so I am very happy and reassured. I also like the part about downward pressure on costs due to the declining oil price.
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