Exactly.
The foundation re-rater is the low risk Kiwi and Worrior.
The FREE wildcard is Santos Bean Bush.
If we were drilling / fracking it ourselves, what would be the speculative lift in valuation, pre flows ?
It has to be a fraction of the risked bet.
Many oilers years ago, when up many fold in anticipation of the win, due to the prize. A bet in the winning stakes, drove punters.
Ann: Investor Briefing Presentation December 2022, page-19
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