My estimate was US$34/A$47 against report US$37/A$51
Probably had some sales pending at higher prices
Note PNG LNG has good by product contribution from condensate
One of the drawbacks of CSG LNG - it is dry gas, makes it hard to compete with other players with liquids
Av LNG price A$8.63/mmbtu -- low and probably get lower
even the small companies report their cash position - why not the santos ?
wonder if more write-downs in the wings ?
Ann: 2016 First Quarter Activities Report-STO.AX, page-6
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