You certainly aren't an outlier with those views, the TPD SH that also hold STX are clearly more comfortable, "swings and roundabouts" is how I would put it. TPD SH that don't hold STX generally see it differently. Ultimately, this is what will decide the outcome of the meeting, where will 50.01% of the spread actually sit?
Just as a matter of interest, could you describe your methodology in arriving at your view on the ratio being "adequate"?
IMO, the ratio is becoming less adequate by the day, rising spot prices are increasing the NPV on Walyering, commisioning is de-risking the value L23, and the commitment to W7 will add an extra 3 years to field life at nameplate capacity, massive for the NPV.
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