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@ProgaThe statement from the quarterly reads:"APA will make...

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    @Proga

    The statement from the quarterly reads:

    "APA will make contributions towards costs of certain back-up supply, which provide Cooper Energy with a comparable net cash margin as if all required Sole GSA volumes had been processed at OGPP and made available for sale."

    I agree there are different ways to interpret this.

    Given DM's background I'd expect a cap and collar to apply to the price of shortfall gas sourced to meet nominations.

    To add to the speculation I'd also wondered whether there's any significance to 45 being two-thirds of the 68 nameplate capacity...?

    just my musings, dyor.
 
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