one yelluva year, page-11

Would like to see an MOU with TMT to jointly progress the gas pipeline option for both heading towards FID.

I don't see how they can't get together on that and bring both their capex figures down...Maybe it will come later next year when/if both projects have secured BOAs...

Or maybe the costs (and uncertainty of costs) of gas in Australia are holding back that option?

Anyone spoken to VA about that?

TMT also down a long way off highs, I'd guess it's mainly people taking money out of the spec market in general this year more than anything.But the costs of gas/power out there seems the only possible impediment to both companies doing very well.