Thank you, SJB, for your comment.
No, I do not have an IRR in my mind. I have no idea what the E&E expenditure will be.
But I offer this as my argument, and I also ask what do you think a reasonable IRR is?
However, I don't really expect you to have original thought as you are follower of the "master".
New research: Australia’s “golden era” of gas a dud for shareholders - ACCR
STX is no Gorgon.
I understand that there is a poster who's forte is probability theory.
I respectfully request that you seek the probability of STX achieving 15% IRR, from the said poster. J L.
.
Ann: 3Q FY24 Quarterly Report & Appendix 5B, page-262
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