Enjoy the ride. Take a step back, and think about where this will be when you 12m CGTR matures. Get some perspective. Try to work out high tall is the mountain.
There arent too many other juniors at 100% basis, right next door to a major, trying to open a new parading in east coast gas supply.
Same formations,,,,conceptually thinking,,,we may as well already be in a JV with them, and essentially same per, have already said to us, poe, we'll mature a development pathway on half of it, and you can sit back and watch. And your half can just piggy back the hard work we are doing. Pretty good terms huh ? lol.
What would we be valued at with a jv on those terms ?
What is the difference ? we dont have to spend a cent at this point, but i get the feeling, that our commercialization strategy, will no doubt involve a JV with someone who is well and truly capable and up to the task of mirroring what Santos are doing. If not Santos themselves ?
And remember, our MD has ties back to Santos.
Expand
