a couple of points to add to your assessment. There is huge domestic gas shortage and the margins are great GLNG running at 70% is more costly than STO dragging developer on to take over Comet 60-79m less Santos have been doing a lot of pre developed work and about to sign up Jemena - so the idea of continual delays is nonsensical most of Mahalo reserves are owned by. comet - about 60% if your include north so anyone big player can take majority share by taking over Comet
COI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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