Let’s not forget that according to Latent's presentation on the project they need to achieve at least 4mmcfd in order to be economically viable.
Also interesting to note that their figures back then were based on a 5% govn’t royalty. Isn’t the royalty currently at 10% with a proposal to reduce to 5%???
On the positive side gas spot price is expected to rise over medium to long term.
Just patiently killing time.
:)
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