occam - a couple of points :-let's talk amulet - this must be...

occam - a couple of points :-
let's talk amulet - this must be worth 40 -50 cents to TAP (20 cents / share for Santos to buy back in).

the quarterly - although shocking on the surface, it isn't that bad. woollybutt was out of commission for half the period and next qtr. will resume at normal rates. there was also 56,000 barrels produced but not sold and added into revenue. they will be back to revenues 0f $30mill + next qtr.
Also Woollybutt South comes into play in a year and they are bolstering the Harriet fields with Cycad etc.

they are worth way more than $1.50 as the market will find out shortly.

P.S. how much is marley worth given that it was so over-pressurised that it blew the rig and target is now 1.5 tcf gas and condensate ? Have to factor in at least another 10 c / share.

don't even discount a t/o at the current share price.