STO 0.07% $7.29 santos limited

STO, page-13

  1. 535 Posts.
    lightbulb Created with Sketch. 110
    Good summary oilman!

    I see the Santos turn around story just getting better all the time. Here is a quote from the quarterly about GLNG:

    "LNG production rose 15% in 2017 to 5.2 million tonnes. During the fourth quarter, the plant reached a maximum day rate of 8.9 mtpa, 14% above nameplate capacity."

    Santos is developing into a big cash generator and I hope/expect that a dividend will be announced on 21 Feb. My tip is 10cps.
    Cheers
    ft
 
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