The recent CE presentation was interesting.
2 big gas finds-lockyer and NErugulla.
Lockyer needs 10 production wells-and currently onto the 4th.
He says 'gas needs a long time'.And thats from someone who wants things yesterday.
And found approx 25m blls of oil.
And thay had that dud.
We all wanted the quick result-thats now gone.Patience unfortunately is needed.
As for letting SN go-how dumb is that suggestion.
Only someone who has never held an O & G share would say that.
I do hope none of the top 20 dropped their share holdings before the TH-that wouldn't be a good look.
Ann: H1 FY24 Results Webinar Details, page-59
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