What are they going to do with Hera? That question was asked by an Analyst and they really haven't given much of an answer.
Paraphrasing here: 33 min in Andrew talked briefly about the Cobar Optimisation Study timeline and the Nymagee and Great Cobar drilling and ongoing study. The updated Great Cobar study is hoped to be finished by early 2025 calendar year and a FID made. Nymagee is only a few kms from the Hera plant and it would make sense to put that through the Hera plant.
The Macquarie Analyst also asked the question about Hera a few minutes later. Bryan said FY25 drilling will determine how Hera will be utilised. After that decisions can be made including possible 3rd party tolling option.
However the Peak upgrades are the key for the moment.
All the best.
KKR
AMI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)