((""GLNG is a JV. It is not capital constrained. In the event JV...

((""GLNG is a JV. It is not capital constrained. In the event JV partners takeover ESG in proportion to their GLNG equity, Santos will not have to kick much in with 20% equity and 30% share of tenements""))

Anthony,

I realised that I totally missed to comment about this very important part of your comments, in my previous post.

As you said, if a T/O was to take place, STO would have to fork out very little money, if any, depending on the percentage ownership of the GLNG Joint Venture.

Thanks for these balanced comments.

buddy