My interpretation of this announcement in simple terms. With an eye to the future Lansom is to concentrate on developing the assets in Surat and Bowen Basin and the two new appointees will progress the reserves and commercialisation of Glenaras. This will include the areas of the basin not yet as forward as Glenaras. Don't forget this team have done it all before. Just need confirmation of dewatering, next project update due soon.
GLL Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held
