GPR screw up was down to management not PNG. Most try and blame it on PNG, but GPR has been terribly mismanaged from the get go.
KSN will use fcf off Mineral hills circa 40maud at current 40kpa AUevq 1500aud circa post tax opex, should keep them with 20m FCF annually.
Gives them time to permit Misma and get it going in a few years whilst building bank.
I think it is a good strategy IF (key word) they can execute.
Ann: Trading Halt, page-19
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