Bit of an underwhelming response by the market this morning, but will just have to accept that. I’m intrigued though as to why this announcement is not considered price sensitive for Santos, given that it’s more likely than not that their takeover of Quadrant will be approved. Also can’t see any listing of this announcement on the CVN site. http://www.carnarvon.com.au/asx-announcements
Great announcement though and look forward to it being absorbed in due time.
Ann: Dorado follow-up potential, page-7
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