Ann: Quarterly Activities Report & Appendix 4C - 31.12.2020, page-4

How are you defining Shell?

I've been watching since November, my only concerns are that the refloat was a cynical ploy of SBANG to finance the construction of Gingin to then take ownership of the asset if or when M8S are unable to refinance the loans or raise further capital.

I'll probably take a small position soon given the likelihood of a cap raise next quarter.