Yes it does and I agree it should be getting discounted but not by that much, and from memory the permit has a production licence to 2034 so I think they have at least 2-3 years to see a higher Poo.
My point is the gas assets underpin the market cap. Again all my commentary about value is based on my entry price. 41.6c I see a fairer ST price of high 40s (46-48) and medium term mid 50s with gas sale price re- contracting . To gets us into the 60s we need a 65 POO so AAL starts looking like a reality.
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Yes it does and I agree it should be getting discounted but not...
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