Virtually doubling the current contract price with more upside into 2024 is definitely positive. At $12 gj its still a long way off the $20gj we were hoping for in the October presentation.
Hopefully by the time the new contract is in effect production is pushing towards 10 tj/day.
Against these positives are the uncertainties around MOG, after the failed demerger plan, and the need to restructure the balance sheet.
It looks like AJQ may look very different in 6 months time.
Virtually doubling the current contract price with more upside...
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