https://oilprice.com/Latest-Energy-News/World-News/Oil-Executives-Prices-Dont-Reflect-Tight-Supply.html
There is constant talk of tight supply, OPEC underperforming and shale production reducing 20-30% in next 5 years. Noting Sangmor will come online in 2024 (i think), however you would think that we need a deal now to start producing at a decent scale to fill the gap.
The only thing i trust ATS is with that the deal with a partner will be at a reasonable price, they are just not going to sell at a cent to dollar to go ahead with partnership. I believe patience will pay as we know there is value, not a spec stock which needs to be proven.!
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Ann: Half Year Accounts and Appendix 4D, page-35
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