Ann: Quarterly Activities and Appendix 5B December 2022, page-16

  1. 2,835 Posts.
    lightbulb Created with Sketch. 655
    Yes, they are also saying:

    We might start production in early February.

    'It is anticipated that handover for gas production commissioning of the first well to be brought onstream, will occur in early February with a phased start-up of Vali-3 and Vali-2 during the March quarter'

    I don't think one well is enough to have positive cash flows unless they can defer the payments to Santos.

    My sentiment is buy but don't buy too much tongue.png
 
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