Ann: Corporate Presentation , page-24

Ric, If you had read the Presentation, you would have noticed all the funding choices.
Self funded initially from growing Ungani production.
Then farmout/sale of some of the unconventional gas.This mentioned again as a later LNG phase.
Development is nearly always funded by debt/bank finance as by that stage they have a proven resource, and sales contracts.
I have not read Strachans Report so I wont bag it too much but I cant imagine even him coming up with the comments you made, especially the one about much upside being built into the current price.
I am not sure who mentioned the need for a big brother but you
might want to check Mitsubishi's size compared to WPL's.

By the end of this year we should have done enough work to secure a big upgrade in reserves, as they move into the proven category.This alone should see prices far in excess of what Thisisit suggests, then of course there will be much more happening as well.