STO 1.73% $7.63 santos limited

Ann: Dorado regulatory approval, page-4

  1. 9,158 Posts.
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    What else is actually required for Dorado? I don't think this is the end of hurdles

    Amazing that STO price neutral onnear half a bill $ impairment - unusual for STO to hold up so well .

    Need to look at exactly wher ereserves have been adjusted and which are in production as a folly unless infustructure is in place a sgas in ground ha smassive hurdles of govt policy to get to market due to government policy of cappinga nd gas reservation etc. If it is not a simple very low quartile cost capex on infustructure with under 10 year payback IMO gas in ground s=doesn't have teh same value as it once did as it simply won't be as profitable on Australian soil

    Hope all the major increases in resource are offshore as that is adding greatest value IMO .
 
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