WA tells gas giants to use or lose, page-7

Well put. Sad but true. I reckon Rusty hates having such a large amount of money invested with no return. He'll jump at anything over 30c, make a bucketload (60%+?) and move on. LT investors like me will be forced to take a 2nd prize after patiently waiting for STO to make the decision that would unlock a much higher prize. And then there's Pavo North and potential like Pavo South and all the recently identified prospects. We could be pumping and discovering for a decade or 3. That's the real prize worth say 50c+ and that excludes the gas!!!!.

My conservative spreadsheet from a while ago has a value for Dorado alone at 40c with a POO of USD60pb and AUD at 0.7000 however the recent sale of 10% makes that analysis redundant. Since then there's been Pavo North and the real excitement over Pavo South (60% COS). POO now 30% higher and AUD 7% lower. And that also excluded the gas at Dorado and future potential discoveries.

We could almost have been pumping by now at a rate of 75,000 - !00,000 bpd excluding Pavo. My estimated payback period was less than 2 years.

What could have been..... I'll see this through to the end whatever that looks like.