One would think that makes logical sense. With their ever-expanding portfolio of long-life minerals projects, the one missing key ingredient is a long-term sustainable source of cheap energy. Given energy is a rather large cost component to their operations, I wonder what price assumption they used in their modeling when they are determining the valuations for their target companies.
900-odd PJ of gas will certainly go a long way to securing their energy demand for the next few decades. Perhaps they will become a key offtake customer of our gas The best commercial outcome for all concerned is to jointly build a mega gas processing plant on the Precinct to feed into the DBNGP. I can't envisage it happening, but I've been in the market long enough to know that nothing is impossible
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