Based on pre-SPP prices, I reckon 1.6c is not out of the question as drilling is confirmed and commences at Wombat 4. Now, if we were lucky enough to get some good news from Wombat 2 or 3, then the SP might go further still.
Still, based on nothing else, I think 1.5-1.6c is a reasonable expectation for a SP run into drilling.
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