Santos have 5 projects to spread finances over and KG likes Dorado. However, debt recently was a bit concern for STO. Can’t see them taking out CVN and AC has the funds to match the development costs for a lean build. EL’s observations of JV and STO selling som3 down makes financial sense from my. reading of STO modus operandi.
Ann: Dorado-3 Drilling Update, page-41
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| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $93.18K | 583.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 354802 | 15.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 55498 | 2 |
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