STO 2.43% $7.17 santos limited

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  1. 707 Posts.
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    I think it will be profit on the % sale of an asset, which will form part of free cash flow for 2024 year end. So this may offset increases in production cost and lower sales volumes for 2024.
    The pending extra sell-down of 2.4% may or may not eventuate until mid 2024.. with hopefully payment in 2025 for a boost in that years fcf.
    2026 onwards should see blue sky imo with Barossa, Pikka online and other sell-downs to follow.
 
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