I omitted that the investor day lacks any mention of the ongoing problems with the Orbost plant of listed company COE, and nor does APA mention whether contractors like (allegedly) DOW will be entities that APA seeks to hold to account.
APA thus far hasn't considered the excess costs as 'material' to its results but minnow investors like me beg to differ.
One can't sweep problems under the carpet and retain 100 per cent respect. We all know that from our own lives, much as we don't enjoy admitting it, and APA as a corporation ought be similar. Face up to it and let investors directly know what is or isn't occurring, rather than relying on occasional updates from the much smaller COE that aren't written from APA's perspective.
Ann: APA 2021 Investor Day, page-3
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