Share the disappointment about submitted Qs going unanswered.
However, plenty of positives in there.
* Kudos to SG, and re-iterated they're definitely not walking away from TECH; just needs macro to swing around.
* The slide that wasn't part of the announcement mentioned the new wells should drive an extra 3-5 TJ/day IIRC.
* Drilling team very familiar with area, being used by Anglo. Expects their ops to be efficient, effective.
* Gas field exceeding expectations, and is a more stable producer. David mentioned he thinks it is Tier 1, and expects them to be able to revise the reserves upwards.
BTW, I sort of expected a brief CV as introduction to the new CEO, but if you're not familiar with Mr W, here's what his LinkedIn says:
Strike Energy has been over 1B in MC I think last year, currently 600M.
David's intimate familiarity with the project should not be underestimated, and will IMO result in more value add like today's stability reveal.
While Qs about TPS revenue, progress on MOUs with Ravenswood Gold & Agripower, updates on Bowen Basin coal miners supplying gas to QPME, detail around increase QPME’s total power generation to 300MW, clarification on the plan now for the Energy Hub at Lansdown etc will have to wait, I think we are in pretty good hands.
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