Some of the interesting points from the proactive presentation...

Some of the interesting points from the proactive presentation (thank you for linking cosmo).
1) lowest cost quartile for production cost globally.
2) AC wouldn’t be drawn on what poo price they want.
3) I sense AC is confident Buffalo will find a partner one way or another. He seemed to suggest it would be developed in parallel with Dorado.
4) multiple exploration targets for CY21 - can we afford to many? we might need a bigger bank balance to keep up with Santos.
5) oversized FSPO (to quote the Jeep advert “we are need a bigger boat”)

changing tac slightly. Maybe one for Cosmo or Ya etc. If santos are looking to farm out some of their share. When is the optimum time for this to happen (from both buyer and sellers perspective). Then logically, how far away from that event are we? That sell off would a significant catalyst for the re-rating of CVN by the market.