Remember that 1000pj 2p is enough to supply a 1mtpa lng plant as pointed out by DC at the agm . So , even though we eagerly anticipate a reserves upgrade ( as does the market I expect ) , NLNG should be a goer anyway.
I suspect though that once a customer underpins the project for 1mtpa then the smaller customers can hop on so in that sense the reserve upgrade is important.
Unless , of course , there's a customer that wants 2mtpa staight up ?
ESG Price at posting:
75.5¢ Sentiment: Hold Disclosure: Held