shell's input to aoe in us$, page-2

Gavtech,

Hard to go wrong in the long run with at todays $ rate a little over A$1.00 ps in cold hard cash from Shell within weeks, another 60+ cps deferred conditional.

Already at a net cash position, have developed producing assets producing a profit.

Market can't be putting much value on the retained 70% or on the international assets (fair enough at this stage). Not like Davies and team have proven slouches in utilising past cash injections.

Still everything else good is also discounted atm - the world must really be about to end.

EL