Ann: FY22 Production Update and Investor Call Details - 28 Jul 22, page-43

After listening to all that, I wonder how federation on its own stacks up against federation plus the other Cobar assets, given there maturity and sketchy reliability. I hope they aren’t considering having Federation subsidising marginal crap in an overly complex schematic of moving parts. That approach keeps failing.
there might be a scenario where offloading both peak and dargues (and closing out Hera for eventual rehab) and running full throttle federation makes sense.
if it was a neighbour who found Hera I doubt they’d be as worried about new project capex sensitivities as much as Dan. They’d be free from the cursed legacy effects that dog AMI.
lots to analyse late next month.