Been reading the TEG forum and there's some question marks regarding L7 drill slot?
There's no indication that STX is keen to get involved or has the $9-10 mill in it's budget to go ahead with it or if they even think it's worth the roll of the dice for a potentially small return if successful and want to unload it.
All comes down to how they see the CoS there and if it fits into their plans/budget/core business or not.
Looks a 60/40 call for STX to get involved from my perspective at this stage.
Success at Booth could potentially return 70 PJ (best estimate STX share) and right on MIN's doorstep.
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