I think the majority are thinking that there will be conditional approvals on the 22nd. The question being; what are the conditions? It would not surprise me to see the size of some of the projects scaled back a bit due to constraints placed by the government.
To be honest I'd be really happy if we end up owning 10% of Newcastle LNG and do a bit of GTL and power generation. A takeover within the next year would be a bonus that would just allow me to shift my money onto the next stock.
ESG Price at posting:
86.0¢ Sentiment: Hold Disclosure: Held