road to commercialisation of pandora

Lets put to 1 side other assets held by Cott for now and focus on the Pandora deal.
I've been looking thru the announcements, presentations and research report.
Current fair value for CMT is reported as A$0.80-90 per share according to the recent research report, the report also suggests that there is scope for further value to be added in the short term.
For an outlay of $1.3m (shares issued to EIS)Cott has secured $15m worth of gas assets plus $5m worth of Kina shares both with geared upside on any value added.

IMO the presence of Talisman as operator (remembering that Talisman previously formed part of the j/v that held the asset) confirms for me that they have a strong belief in Pandora's commercial viability.

The next step for Cott and its partners is to upgrade the gas resource to Reserve status, this involves establishing a pathway to commercialisation...ENTER WISON.

Wison appears to be at the forefront of FLNG technology and has the technical capacity and the balance sheet strength to provide a comprehensive solution. Judging by the statements made by the company and recent presentation, discussions with Wison have been far ranging including;
Introductions to potential offtakers and project sponsors
Access to export credit finance

Worth remembering that Wison made the initial approach to Cott

Wison's concept and design study should be on Cotts desk next month !